On March 1, the amount of retained earnings in Richard's Catering Company was $150,000. During March, stockholders were paid $31,000 in dividends from the business. The amounts of the various accounts are shown. Accounts payable Accounts receivable Cash Common stock Fees earned Insurance expense Land Miscellaneous expense Rent expense Salary expense Supplies Supplies expense Utilities expense a. Prepare an income statement for the month ended March 31 $9,250 45,950 23,840 1,000 64,950 1,275 88,400 1,210 9,000 20,300 900 525 2,800 Richard's Catering Company Income Statement For the Month Ended March 31