Prepare Income Statement. Retained Earnings Statement and Classified Balance Sheet. Please see the explanation of the exercise in the video. Hint: All numbers and items must be used and be used only once. Cost of Goods Sold 10,000 RE-Beginning 19.920 Cash 1,400 ST Investments 200 A/R 1,800 Div 600 Unearned Revenue 900 A/P 2,000 Patents 300 Building Rental Exp 900 Service Rev 17,000 Int/P 100 Accum. Depr 2,500 Supplies 4,000 Int Exp 100 Prepaid Ins 2.200 Goodwill 2,000 LT Debt 10,000 Investment in XYZ Co. 5,300 Inventory 500 Equip 16,000 Investment in Real Estate 2,000 Land 2,000 N/P due in 3 years 5,000 Deferred Income Tax 300 Salaries/P 300 Rent Revi 1,000 Insurance Exp 500 N/R 1,000 Supplies Exp 200 20 C.S. 10,000 Deprn Exp 500 Other Assets Income Tax Exp. 200 Building 20,000 Other Current Assets 100 Current Maturities of Long-term Debt 3,000 Other Selling, General, and Admin Exp(including Salaries Exp, Repair Exp, Utility Exp) 200 Submit Assignment No