IIT. Cick the icen to vew the acreunts and burances ) Read the tequarements Data table Carmella Communications rep III (Click the icon to view the Read the reguirements Requirement 1. Prepare Carr began on August 1, 2023 (En \begin{tabular}{r} Carm \\ Statemed \\ Year \\ Rotained Earning5, August 1. \\ \hline \\ Rotained Earnings, Juy 31, 3 \end{tabular} Requirement 2. Prepare Carr Begin by completing the asset Reference Cermella Communications Income statement Year Ended July 31, 2024 Net Sales Revenue Cost or Goods Sold Gross Profit 29,40018,40011,000 Operating Expenses Seling Expenses Administrative Expenses Total Operoting Expensen Operating income Other income and (Expenses) Sales Discounts Fatnited Intorest Expense Total Oiner income and (Expenses) Net incone (Less) of business, which ended on July 31,202 re were no dwidends dectared dumg the y 2,0003600 5.4005.000 500 (50) 450 5.5,850 ce shoet, leavo the box emply do not tewite ce shout, leavo the box emply do not tevich Requirement 2. Piepare Carmilla Communcasons' classfed balance sheet at July J1, 2024 Use the report forma Liabilities Stockholders' Equity