On June 1, 2017, Bonita Industries was started with an initial investment in the company of $22,220 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash $ 4,850 Notes payable $12,500 Accounts receivable 4,360 Accounts payable 860 Service revenue 7,750 Supplies expense 1,030 Supplies 2,370 Maintenance and repairs expense 630 Advertising expense 400 Utilities expense 270 Equipment 26,250 Salaries and wages expense 1,650 Common stock 22,220 In June, the company issued no additional stock but paid dividends of $1,520. Prepare an income statement for the month of June. Bonita Industries Income Statement June 30, 2017 Revenues Service Revenue Expenses Advertising Expense Salaries and Wages Expense Supplies Expense Maintenance and Repairs Expense Utilities Expense Total Expenses Net Income/(Loss) 400 1650 $ 7,750 Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Bonita Industries Retained Earnings Statement $ > $ Bonita Industries Balance Sheet Assets Liabilities and Stockholders' Equity $ $ $ $ $