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Good evening! I am including the finished Adjusted Trial Balance. I am looking for assistance in reviewing the Income statement I already made (included as

Good evening!

I am including the finished Adjusted Trial Balance. I am looking for assistance in reviewing the Income statement I already made (included as attachment) and the closing balance sheet (included.) I am also looking for advice on how to create a retained earnings statement for this. 15,000 on the Balance sheet may be incorrect. But I am not certain. The Adjusted Trial balance is 100% correct.

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Trial Balance as of March 31, 2020 Account Name Debit Credit Debit Credit Cash $404,000.00 Accts. Rec $ 20,000.00 Inventory $ 280,000.00 Supplies $ 3,000.00 $ 2,000.00 Prepaid Lease $ 12,000.00 $1,000.00 Equipment $ 60,000.00 Accumulated Depreciation $ 1,000.00 Accounts Payable $300,000.00 Unearned Revenue $ 60,000.00 Interest Payable $3,000.00 Note Payable $ 5,000.00 Commont Stock $400,000.00 Revenue $ 60,000.00 COGS $ 20,000.00 Advertising Expense $ 10,000.00 Utility Expense $ 1,000.00 Salary Expense $ 5,000.00 Dividend $ 10,000.00 Supplies Expense $ 2,000.00 Depreciation Expense $ 1,000.00 Lease Expense $ 1,000.00 Interest Expense $ 3,000.00 Totals $825,000.00 $825,000.00 $ 7,000.00 $7,000.00 Income Statement For Month Ended March 30, 2020 Revenue Revenue $ 60,000.00 Total Revenue $60,000.00 Operating Expense Cost of Goods Sold Advertising Expense Utility Expense Salary Expense Dividend Depreciation Expense Supplies Expense Lease Expense Interest Expense Total Operating Expense $ $ $ $ $ $ $ $ $ 20,000.00 10,000.00 1,000.00 5,000.00 10,000.00 1,000.00 2,000.00 1,000.00 3,000.00 $53,000.00 Profit/Loss $ 7,000.00 $ $ $ 60,000.00 60,000.00 $ $ 300,000.00 Current Assets Cash Accounts Receivable Inventory Supplies Prepaid Lease Total Current Assets Non-Current Assets Equipment Accumulated Depreciation Total Non-Current Assets $ $ $ Balance Statement 30-Mar-20 Current Liabilities 404,000.00 Unearned Revenue 20,000.00 Total Current Liabilities 280,000.00 Long Term Liabilities 1,000.00 Accounts Payable 11,000.00 716,000.00 Total Long Term Liabilities Total Liabilities 60,000.00 Equity (1,000.00) Common Stock 59,000.00 Retained Earnings Total Equity 775,000.00 Total Liability & Equity $ $ $ 300,000.00 360,000.00 $ $ $ $ $ $ $ $ 400,000.00 15,000.00 415,000.00 775,000.00 Total Assets $

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