just need the income statment, statment of retained earnings and balance sheet

Lurch Company's December 31, 2018, balance sheet follows: During 2019 , the following transactions ocoured: 1. To avoid parying monthly rent of $5,000 on existing plant facilties, the company decided to buy a tract of land and construct a building of its own on it. On January 2, 2019. Lurch exchanged 6.000 shares of its common stock to acquire the land: the stock was seling for $25 per share, Construction of the building also began on January 2, 2019. Al the time, Lurch borrowed funds by issuing a 1-year, $500,000 note at 12% to help finance the project. The principal and interest co the note are due January 3, 2020. Construction costs (paid in cash) that occurred evenly throughout the year totaled $700,000. The building was completed on December 30, 2019, and the move-in to the ner building was to ocur during the next week. 2. On January 2, 2019, Lurch exchanped its one existing machine plus $80,000 for a newer machine with a tair value of $430,000. The new machine is to be depreciated using straight-Iine depreciation based on an economic ile of 5 years and a residual value of $55, 000. 3. Lurch uses a FIFO perpetual inventory systern, Lurch sold $350.000 of its imventory for $700,000 cash, paid for its beginning accounts payable, and purchased $480,000 of inventory en account during the year. 4. On July 31, 2019, Linch declaved and paid a $2.50 per shave cash dividend to is shareholders. 5. Lurch is subject to a 21% income tax rate, and income taxes are accrued at year-end. Required: Pregare Lurch : inceme statement and statement of retained eamings for the fscal year ended December 31, 2019, and a balance sheet as of December J1, 2019, Show all supporting joumal entries and computations made during 2019