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hi, please your help with part B Calculate net income and the ending balance of retained earnings at December 31, 2027. It is not necessary

hi, please your help with part B

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image text in transcribed Calculate net income and the ending balance of retained earnings at December 31, 2027. It is not necessary to prepare a formal income statement or retained earnings statement. Net income Retained earnings eTextbook and Media Assistance Used eTextbook Attempts: 1 of 3 used b) Prepare a balance sheet dated December 31,2027. Assume that the company will pay $30,600 of the mortgage payable in 2028 . (List Current Assets in order of fliquidity List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Equlpment Less : Accumulated Depreclation-Equipment Bulldings Less : Accumulated Depreciation-Builidings Intangible Assets Total Assets Current Liabilities Accounts Payable Interest Payable Mortgage Payable Total Current Liabilities Other Long-Term Liabilities $ 69700 Liabilities and Stockholders' Equity $ Prepare a balance sheet dated December 31,2027 . Assume that the company will pay $30,600 of the mortgage payable in 2028 . Question 4 of 9 Interest Payable Mortgage Payable Total Current Liabilities Other Long-Term Liabilities eTextbook and Media Assistance Used eTextbook List of Accounts Current Attempt in Progress The financial statements of Sunland Ltd. Includes the following Items at December 31, 2027

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