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Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) Prepare the income statement for the year

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) Prepare the income statement for the year ended August 31. CARLA VISTA CO. Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ $ The unadjusted and adjusted trial balance for Carla Vista Co. are as follows. CARLA VISTA CO. Trial Balance August 31, 2022

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