P$2-3$A$.$ You are provided with the following information for Ramirez Enterprises,

effective as of its April $30,2014,$ year$-$end.

Instructions

$($a$)$ Prepare an income statement and a retained earnings statement

$($a$)$ Net income

for Ramirez Enterprises for the year ended April $30,2014.$

$($b$)$ Prepare a classified balance sheet for Ramirez Enterprises as of

$($b$)$ Tot, current assets