Next question Data table Sales revenue $ 350,000 $ 181,000 Cost of goods sold Accumulated depreciation, equipment 150,000 72,400 12,000 Unearned sales revenue 4,100 Equipment Accounts payable Estimated inventory returns Advertising expense 2,600 2,500 10,900 48,000 Prepaid rent Office salaries expense (General) Accumulated depreciation, building Utilities expense (General) Interest expense 1,700 39,600 Salaries payable 1,100 4,400 Accounts receivable 9,000 Dividends 11,000 172,000 Cash 22,500 5,500 145,100 Building Estimated refund liability Common stock Depreciation expense (General) 20,000 1,300 10,000 Retained earnings, 12/31/2017 Delivery expense Insurance expense (General) Mortgage payable (long-term) Supplies 4,400 Inventory 28,000 42,000 Commission expense 32,000 500 Print Done Next question The account balances for the year ended December 31, 2018, for Thomas, Inc., are listed next: E(Click the icon to view the accounts.) Read the requirements. Requirement 1. Prepare Thomas, Inc.'s multistep income statement. Thomas, Inc. Income Statement For the Year Ended December 31, 2018 Requirement 2. Prepare Thomas Industries, Inc.'s statement of retained earnings. Thomas, Inc. Statement of Retained Earnings For the Year Ended December 31, 2018 Add: Subtotal Less: Requirement 3. Prepare Thomas Industries, Inc.'s classified balance sheet in report form. Start by completing the asset portion of the statement, and then complete the liabilities and stockholders' equity sections of the statement. Thomas, Inc. Balance Sheet December 31, 2018 Assets TI Liabilities Ml Total liabilities Stockholders' Equity Total liabilities and stockholders' equity