I also need the answers of the other requierments as well which you can see in firts photo

0 Requirements 1. Prepare the income statement of Braffit Services Inc. for the year ended December 31, 2017. 2. Prepare the company's statement of retained earnings for the year. 3. Prepare the company's balance sheet at December 31, 2017. 4. As CEO of Braffit Services Inc., answer the following questions and then decide if you would be pleased with Braffit Services' overall performance in 2017 a. Was Braffit Services profitable during 2017? By how much? b. Did retained earnings increase or decrease? By how much? c. Which is greater: total liabilities or total equity? Who owns more of Braffit Services' assets: creditors or Braffit Services' shareholders? Print Done Data Table Land $ 8.800 Equipment $12.500 Note payable 36,000 Interest expense 4,000 Property tax expense 2.400 Interest payable 2.100 Rent expense 18,000 Accounts payable 20,000 Accounts receivable 29,500 Salary expense 44,000 Service revenue 156,000 Building 129.000 Supplies 1.800 || Cash 10.500 Utilities expense 3,100 Common shares 17.000 Beginning retained earnings were $65.000, and dividends totalled $32.500 for the year. Print Dane Score: 0 of 10 pts 1 of 3 (0 complete) P1-33A (similar to) The assets and liabilities of Braffit Services Inc. as of December 31, 2017, and revenues and expenses for the year ended on that date are listed here. Click the icon to view the account totals.) Requlrements Requirement 1. Prepare the income statement of Braffit Services Inc. for the year ended December 31, 2017 Prepare the income statement. Choose from any drop-down list and then click Check Answer Clear All