Problem 1-03A a1-a3 On June 1, 2022, Sandhill Co. was started with an initial investment in the ocompany of $25,500 cash. Here are the assets, labilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations: $14,000 $5,600 Notes payable Cash 640 4,140 Accounts payable Accounts receivable 1,520 8,500 Service revenue Supplies expense 620 2,456 Maintenance and repairs expense Supplies 280 400 Utilities expense Advertising expense 30,800 1,600 Salaries and wages expense Equipment 25,500 Common stock During June, the company issued no additional stock but paid dividends of $1,224. Prepare an income statement for the month of June. SANDHILL Co. Income Statement SHOW LIST OF ACCOUNTS Prepare a retained earnings statement for the month of June. (List Items that increase retained earnings first.) SANDHILL Co. Retained Earnings Statement Prepare a balance sheet at June 30, 2022. (List assets in order of liquidity.) SANDHILL CO. Balance Sheet Assets Liabilities and Stockholders' Equity $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity