On June 1, 2022, Sandhill Co. was started with an initial investment in the company of $21,175 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations: Cash $4,750 Notes payable $12,300 Accounts receivable 4,250. Accounts payable 750 Service revenue 7,700 Supplies expense 965 Supplies 2,366 Maintenance and repairs expense 630 Advertising expense 400 Utilities expense 270 Equipment 25,400 Salaries and wages expense 1,200 Common stock 21,175 During June, the company issued no additional stock but paid dividends of $1,694. Prepare an income statement for the month of June. SANDHILL CO. Income Statement $ Prepare a retained earnings statement for the month of June. (List items that increase retained earnings first.) SANDHILL CO. Retained Earnings Statement $ Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity.) SANDHILL CO. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity Save for Later: Liabilities and Stockholders' Equity $ Attempts: 0 of 2 used Submit