Green Lawns, Inc. performs adjusting entries every month, but coses its accounts only at year-end. The following is the company's year-end adjusted trial balance dated December 31, current year. GREEN LANS, INC. Adjusted Trial Balance December 31, Current Year Cash $ 218,640 Accounts receivable 10,800 Supplies 720 Equipment 28,800 Accumulated depreciation equipment Accounts payable Income taxes payable Capital stock Retained earnings Dividends 4,800 Lawn care revenue carned Salary expense 124,800 Supply expense 2,880 Advertising expense 720 Depreciation expenses equipment 2,400 Income taxes expense 27,840 $ 422,400 $ 12,000 3,600 8,400 60,000 108,000 230,400 $ 422,400 0-1. Prepare an income statement for the year ended December 31, current year 0-2. Prepare a statement of retained earnings for the year ended December 31, current year 2-3. Prepare the company's balance sheet dated December 31, current year b. Does the company appear to be liquid? c. Has the company been profitable in the past