Please solve E1-37B, 38B

LO 3, 4E1-37B. (Learning Objectives 3, 4: Apply the accounting equation; construct a balance sheet) The following are the assets and liabilities of Mary Burke Realty Company, as of March 31, 2018. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions): Total revenue Receivable Current liabilities Common stock Interest expense Salary and other employee expenses15.2 Cash Long-term liabilities S 40.4 Investment assets (long-term.. 0.1 2.7 Property and equipment, net.... Other expenses. Retained earnings, ending. Other assets (long-term). 6.6 27.9 Retained earnings, beginning.17.2 0.4 102.3 10.3 Requirement 1. Construct the balance sheet of Mary Burke Realty Company at March 31, 2018. Use the accounting equation to compute ending retained earnings earnings) This exercise should be used with Exercise 1-37 Requirements LO4 E1-38B. (Learning Objective 4: Construct an income statement and a statement of retained 1. Prepare the income statement of Mary Burke Realty Company for the year ended March 31, 2018 2. What amount of dividends did Mary Burke Realty Company declare during the year ended March 31, 2018? (Hint: Prepare a statement of retained earnings.) LO 4,5 E5-19 A. (Learning Objectives 4, 5: Account for accounts receivable and uncollectible receivables) On June 30, Premier Party Planners had a $35,000 balance in Accounts Receivable and a $2,752 credit balance in Allowance for Uncollectible Accounts. During July, Premier made credit sales of $193,000. July collections on account were $164,000 and write-offs of uncollectible receivables totaled $2,870. Uncollectible-accounts expense is estimated as 3% of credit sales. No sales returns are expected. Ignore cost of goods sold. Requirements 1. Journalize sales, collections, write-offs of uncollectibles, and uncollectible-account 2. Show the ending balances in Accounts Receivable, Allowance for Uncollectible Accounts, 3. Show how Premier Party Planners will report accounts receivable and net sales on its July expense by the allowance method during July. Explanations are not required. and Net Accounts Receivable at July 31. How much does Premier expect to collect? 31 balance sheet and income statement for the month ended July 31