On May 1, Blossom Company, a company that provides flying lessons, was started by using common stock in exchange for cash of $45,150. Following are the assets and liabilities of the company on May 31, 2019, and the revenues and expenses for the month of May. Cash $ 4,800 Notes Payable $28,000 Accounts Receivable 7,550 Rent Expense 1,150 Equipment 64,150 Maintenance and Repairs Expense 600 Service Revenue 6,950 Gasoline Expense 2,250 Advertising Expense 650 Utilities Expense 150 Accounts Payable 1,550 No additional investments were made in May, but the company paid dividends of $350 during the month. Prepare an income statement for the month of May. Blossom Company Income Statement $ $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a retained earnings statement for the month of May. (List items that increase retained earnings first.) Blossom Company Retained Earnings Statement $ : : $ SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a balance sheet at May 31. (List Assets in order of liquidity.) Blossom Company Balance Sheet Assets $ $ Liabilities and Stockholders Equity $ $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare an income statement for May assuming the following data are not included above: (1) $900 worth of services were performed and billed but not collected at May 31, and (2) $1,150 of gasoline expense was incurred but not paid. Blossom Company Income Statement $ $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a retained earnings statement for May assuming the following data are not included above: (1) $900 worth of services were performed and billed but not collected at May 31, and (2) $1,150 of gasoline expense was incurred but not paid. (List items that increase retained earnings first.) Blossom Company Retained Earnings Statement $ : : $