P2.2A (LO 1), AP These items are taken from the financial statements of Martin Corporation for 2022 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $31,000 2,000 66,000 18,300 10.100 3,000 22,800 12,000 3,100 5,700 2,000 68,000 3,500 1,800 3,600 11,700 2,200 37,000 17,600 Instructions Prepare an income statement, a retained earnings statement, and a classified balance sheet as of Decem- ber 31, 2022