On June 1, 2017, Novak Corp. was started with an initial investment in the company of $22,500 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: $4,960 Notes payable Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 4,400 7,860 2,310 400 26,360 22,500 Accounts payable Supplies expense Maintenance and repairs expense Ulilities expense Salaries and wages expense $12,720 900 ,090 690 210 1,760 In June, the company issued no additional stock but paid dividends of $1,800. Prepare an income statement for the month of June. Novak Corp. Income Statement June 30, 2017 For the Month Ended June 30, 2017 For the Year Ended June 30, 2017 Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) Novak Corp. Retained Earnings Statement Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity.) Novak Corp. Balance Sheet Assets Liabilities and Stockholders' Equity