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Assume the Drouin Coffee Roasters Corp ended the month of August 2017 with these data (Click the icon to view the financial data.) Requirement 1. Prepare the income statement and the statement of retained earnings of Drouin Coffee Roasters Corp., for the month ended August 31, 2017 Prepare the income statement Start with the heading and then complete the rest of the statement. (1 a box is not used in the income statement leave the box omply do not select a label or er Revenue 277700 Expenses Net Income (los) Prepare the statement of retained earnings Start with the heading and then complete the rest of the statement. (For accounts with a 50 balance, make sure to enter *O* in the appropriato coll. Include a subtota Choose from any list or enter any number in the input fields and then continue to the next question Prepare the statement of retained earnings. Start with the heading and then complete the rest of the statement. (For accounts with a $0 balance, make sure to Add: Subtotal Less: Choose from any list or enter any number in the input fields and then continue to the next question. Drouin Coffee Roasters Corp. Balance Sheet Income Statement Statement of Cash Flows Statement of Retained Earnings August 31, 2017 Month Ended August 31, 2017 Year Ended August 31, 2017 Expenses: Accounts payable Acquisition of equipment Cash Common stock Dividends Equipment Prep Issuance of stock to owners Star Net income (loss) Office supplies Rent expense Retained earnings, August 1, 2017 Retained earnings, August 31, 2017 Salary expense Service revenue Total expenses Total revenue Utilities expense Choose rom any stor enter any numbert i Data Table X - Payments of cash: Acquisition of equipment $ 209,000 Cash balance, August 1, 2017 0 Dividends 2,400 Cash balance, August 31, 2017... 5,400 Retained earnings Cash receipts: August 1, 2017 0 Issuance (sale) of stock to owners 24,100 Retained earnings 1,800 August 31, 2017 24,100 Utilities expense. Rent expense.... ? Common stock 6,000 Equipment Office supplies. 1,400 Accounts payable.. 209,000 ounts Adjustments to reconcile net income 7,500 to net cash provided by operations 8,900 Salary expense.. 78,600 Service revenue. 277,700