Prepare the classified balance sheet of Chris O'Donovan Dance Studio Company at August 31, 2016. Use the report form. You must compute the ending balance of Retained Earnings.

Chris O'Donovan Dance Studio Company Trial Balance August 31, 2016 Balance Debit Credit Account Title Cash Office Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Nntes payahle ilnnn-term) S 15,300 2,000 1,100 49,000 S 6.300 3,900 800 4.900 4 900 $6,300 Print Done