On August 31, the balance sheet of Bramble Corp.showed Cash $11,000, Accounts Receivable $3,700, Supplies $600, Equipment $6,000, Accounts Payable $5,600, Common Stock $14,900, and Retained Earnings $800. During September, the following transactions occurred. 1. 2. 3. 4. 5. 6. Paid $3,450 cash for accounts payable due. Collected $1,500 of accounts receivable. Purchased additional equipment for $2,500, paying $700 in cash and the balance on account. Recognized revenue of $6,800, of which $3,150 is collected in cash and the balance is due in October. Declared and paid a $850 cash dividend. Paid salaries $1,850, rent for September $1,150, and advertising expense $150. Incurred utilities expense for month on account $270. Received $10,500 from Capital Bank on a 6-month note payable. 7. 8. Corp. Income Statement For the Month Ended September 30, 20XX Revenues Service Revenue $ 6800 Expenses Salaries and Wages Expense 1850 i Rent Expense 1150 i Advertising Expense 150 Utilities Expense 270 i Total Expenses 3420 i Net Income /(Loss) $ $ 3380 Prepare a retained earnings statement for September. (List items that increase retained earnings first.) Bramble Corp. Retained Earnings Statement For the Month Ended September 30, 20XX - Retained Earnings, September 30 A