P1. The balances of accounts for Rose Merchandising Company for year ended December 31, 2017 in alphabetic ordon are as follows. Company is subject to 25% income taxes. Accounts Payable Accounts Receivable Accumulated Depreciation-Building Accumulated Depreciation-Equipment Building Cash Common Stock Cost of Goods Sold Depreciation Expense Dividends paid during the year Equipment Loss on disposition of Mexico plant-pre-tax Income Taxes Payable S128 81 150 78 3,450 180 3,000 550 145 45 400 40 26 Interest Expense Interest Revenue Land Long-term Investment Merchandise Inventory Notes Payable (5 year note) Retained Earnings, as of Jan. 1st Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Supplies Supplies Expense Utilities Expense $20 35 160 120 120 350 594 410 20 1,600 30 60 90 nized and readable Income Statement (multiple step), Statement of Retained Earnings, and Balance Sheet (classified) in the space provided on the Answer Sheets