ment CALCULATOR MESSAGE HY Problem 2-2A (Part Level Submission) These items are taken from the financial statements of Pharoah Company for 2017. Retained earnings (beginning of year) $33,850 Utilities expense 2,160 Equipment Accounts payable 68,850 21,690 Cash 14,900 Salaries and wages payable dy 5,190 Common stock 12,000 12,000 Dividends Service revenue 69,570 Prepaid insurance 5,690 Maintenance and repairs expense Depreciation expense 1,640 3,400 Accounts receivable 15,090 Insurance expense 2,400 Salaries and wages expense 38,570 Accumulated depreciation-equipment 22.400 (a) Your answer is correct Prepare an income statement for the year ended December 31, 2017 Pharoah Company MacBook Air % 8 6 2 3 Y R T K G F S 7 S4 LLI V Assignment Gradebook ORION Downloadable eTextbook nt CALCULATOR MESSAGE HY INSTRUCT (b) Prepare a retained earnings statement for the year ended December 31, 2017. (List items that increase retained earnings firs Pharoah Company Retained Earnings Statement SHOW LIST OF ACCOUNTS LUNK TO TEKT Attempts: 0 of 3 u (c) The parts ofr this question must be completed in onder, This part wil be avaiable iwhen you complete the part above MacBook Air $ % 8 7 3 5 2 Y E R K H F D LL A4