Prepare a retained earnings statement for the month of May 31. (List items that increase retained earnings first. Round answers to 0 decimal places, e.g. 5,275.) Journalize the adjusting entries on May 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, eg. 5,275.) Prepare a ledger using the three-column form of account. Enter the trial balance amounts and post the adjusting entries. (Post Lazy River Resort opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Lazy River Resort also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2020. 2. A count of supplies shows 700 of unused supplies on May 31 . 3. Annual depreciation is 3,816 on buildings and 2,880 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Two-thirds of the unearned rent revenue is recognized as revenue. 7. Salaries of 800 are accrued and unpaid at May 31. Prepare an adjusted trial balance on May 31 (Round answers to 0 decimal places, e.g. 5,275.) Prepare an income statement for the month of May 31 (Round answers to 0 decimal places, e.g. 5,275.) LAZY RIVER RESORT Income Statement Prapare a statament of financial position as of May 31. (List Property, Plant and Equipment in onder of Land, Buildings and Equipment. List Current Assets in the reverse ander of liquidity. Round answers to 0 decimal places, e.\& 5,275.) LAZY RTVER RESORT, Statement of Financial Position Assets e Equity and Liabilities