Just need help looking at a financial statement and what is wrong with it.

Matisse Co. Statement of Retained Earnings For the Year Ended December 15, 2019 2019 $48,000 31,029 16,971 12,815 2018 $48,283 31,556 16,727 12,022 Net Sales Revenue Cost of Sales Net Income Operating and other Expenses Unearned Revenue Interest Expense Income Tax Expense Prepaid Rent Gross Profit 100 188 1,311 1,000 $2.657 194 1,702 $2.809 Balance Sheet 2019 2018 $245 (200) 416 100 6,909 381 7,848 24,722 ASSETS Current Assets Cash Accumulated Depreciation Short Term Investments Note Receivable (Due in 2022) Inventories Other Current Assets Total Current Assets Property and Equipment Wages Payable Total Assets LIABILITIES AND STOCKHOLDER'S EQUITY Current Liabilities Land Long Term Liabilities Total Liabilities Common Stock (1,500 shares issued and out- standing) Retained Earnings $281 (100) 249 100 7,611 545 8,686 21,361 822 $30.869 713 $33,283 $7,751 $8,022 10,000 8,609 26,631 2020 14,771 1,500 17,255 1,500 14,598 Total Stockholder's Equity 18.755 16,098 Total Liabilities and Stockholders' Equity $45,386 $30.869