MOUNTAIN SPORTS INC.,

ACCOUNTS PAYABLE$12,750

ACCOUNTS RECIEVABLE2,600

ACCUMULATED DEPRECIATION: OFFICE EQUIPMENT12,000

ADDITIONAL PAID IN CAPITAL (COMMON STOCK)13,000

BONDS PAYABLE (DUE DECEMBER 31,2021)22,500

CASH19,200

COMMON STOCK (1,800 SHARES, $10 PAR VALUE)18,000

COST OF GOODS SOLD100,575

DEFERRED INCOME TAXES5,750

DEPRECIATION EXPENSE: OFFICE EQUIPMENT2,750

DIVIDENDS DECLARES5,000

INCOME TAX EXPENSE8,190

INSURANCE EXPENSE900

Land39,500

Merchandise inventory17,500

NOTES PAYABLE (DUE DEC 31 2019)2,500

Office equipment41,000

OFFICE SUPPLIES900

OFFICE SUPPPLIES EXPENSE520

PREFERRED STOCK (250 SHARES, $20 PAR VALUE)5,000

PREMIMUM BONDS PAYABLE1,750

PREPAID RENT1,800

RENT EXPENSE6,100

RETAINED EARNINGS (JANUARY 2018)21,050

SALARIES EXPENSE88,095

SALES226,000

SALES RETURNS AND ALLOWANCES2,500

SALES TAXES PAYABLE3,200

SALES TAXES PAYABLE (200 COMMON SHARES AT COST)2,250

UTILITIES EXPENSE4,120

I need to make an INCOME STAEMENT ,a STATEMENT OF RETAINED EARNINGS and a balance sheet

I need to write a disclosure and have no idea how to do that