Napolean Corporation started business on January 1, 2016. The following information was compiled by Napolean's accountant on December 31, 2016: Sales revenue $35,000 Building $60,000 Expenses 15,000 Accounts Payable 6,000 Dividends 4,500 Notes Payable 41,000 Cash 2,250 Common Stock 30,000 Accounts Receivable 3,750 Retained earnings ? Supplies 4,000 Equipment 22,500 Required: a) You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income statement, statement of retained earnings and a balance sheet as of December 31, 2016. b) Comment on the company's decision to pay a $4,500 dividend. Is this a wise use of cash? Write a few sentences revealing your thoughts on this!