P2-3A You are provided with the following information for Lazuris Enterprises, effective Prepare financial statements as of its April 30, 2017, yearend LD 1), AP s 834 810 670 1,270 Accounts payable Accounts receivable Accumulated depreciation oquipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes paynhle Prepaid insurance Retained carnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 900 1,060 335 325 2,420 165 135 210 400 967 3.100 3,500 61 60 1,600 700 5,100 1,200 Instructions (a) Prepare an income statement and a retained earnings statement for Lazuris Enter (a) Net income $2,230 prises for the year ended April 30, 2017. (b) Prepare a classified balance sheet for Lazuris Enterprises as of April 30, 2017. b) Tot. current assets $4,307 59,157 Tot. assets