P13.6B (LO 3, 4, 5) AP Hayden Inc. is a private corporation reporting under ASPE. It has recorded all necessary adjusting entries at its fiscal year end of November 30,2024 . The following information has been taken from the adjusted trial balance: All accounts have normal balances and total assets equal $647,400. Hayden has a 15% income tax rate. Instructions a. Prepare a multiple-step income statement for the year. b. Prepare a statement of retained earnings for the year. c. Prepare closing entries. d. Post the closing entries to the Income Summary and Retained Earnings accounts and compare with the financial statements