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i need help with the requirement 2 box During 2018, MoCall Company earned revenues of $146 million (Click the icon to view additional information.) Read

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During 2018, MoCall Company earned revenues of $146 million (Click the icon to view additional information.) Read the requirements Requirement 1. Prepare the income statement (with a proper heading) for 2018. (Enter all amounts in milions. If a box is not used in the income statement, leave the box empty, do not McCall Company Income Statement Year Ended December 31, 2018 (millions) Revenue Revenue 146 Expenses: Salary expense $ 30 Rent expense 24 Utilities expense 20 $ Total expenses 74 Net Income foss) 72 Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2018. (Enter amounts in milions, include a subtots after the "Addline of the statement) milions) Add: Subtotal Less McCall incurred, during that same year, salary expense of $30 million, rent expense of $24 million, and utilities expense of $20 million. McCall declared and paid dividends of $13 million during the year. At December 31, 2018, McCall had cash of $180 million, accounts receivable of $85 million, property and equipment of $36 million, and other long-term assets of $19 million. At December 31, 2018, the company owed accounts payable of $64 million and had a long-term note payable of $28 million. McCall began 2018 with a balance in retained earnings of $77 million. At December 31, 2018, McCall had total stockholders' equity of $228 million, which consisted of common stock and retained earnings. McCall has a year-end of December 31

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