PLEASE HELP URGENT!!
The adfusted trial balance of Lighthouse Realty, Inc, at December 31, 2018, follows: Prepare the statement of retained earnings. Data table \begin{tabular}{|c|c|c|} \hline Cyoupritom & 00,000 & \\ \hline Accumulated depreciation, equipment & & 7,100 \\ \hline Accounts payable & * & 5,400 \\ \hline Unearned service revenue & & 3,000 \\ \hline Interest payable & & 380 \\ \hline Salaries payable & & 1,800 \\ \hline Notes payable & & 3,000 \\ \hline Common stock & & 31,920 \\ \hline Retained earnings & & 3,300 \\ \hline Dividends & 5,000 & \\ \hline Service revenue & & 99,000 \\ \hline Interest revenue & & 1,400 \\ \hline Salaries expense & 43,000 & \\ \hline Rent expense & 13,000 & \\ \hline Depreciation expense, equipment & 4,400 & \\ \hline Utilities expense & 3,300 & \\ \hline Interest expense & 1,100 & \\ \hline Supplies expense & 700 & \\ \hline Total & $156,300 & $156,300 \\ \hline \end{tabular} The adfusied tral bolance of Lightheuse Realty, inc, at Docember 31, 2018, follow: Click the kon to view the adjusted trial balance) Read the recuirements. Requirement 1. Prepars Lighthouse Rinaltys income statemeot and statement of retained eamings for the year ending Decernber 31 , 2018, and year-end balance sheet. List expenses in decreasing order on the hoome statement. Start by proparing the incorne stalement, (List expenses in decreasing order on the income itatement) Requirement 2. Which financial statement reports Lighthouse Reatys results of operabions? Were operations successful during 2018 ? Cite specifics from the financial statements to support your evaluation. The feports the results of operations. During 2018, Ligheune Realty, Inc 's goerations as the company b. Which statement reports the companys financial postion? The reports the companys financial postion. Requirements 1. Prepare Lighthouse Realty's income statement and statement of retained earnings for the year entling December 31, 2018, and year-end balance sheet. List expenses in decreasing order on the income statement. 2. a. Which financial statement reports Lighthouse Realty's results of operations? Were operations successful during 2018 ? Cite specifics from the financial statements to support your evaluation. b. Which statement reports the company's financial position