*Problem 2-3A You are provided with the following information for Ramirez Enterprises, effective as of its April 30, 2014, year-end.

Accounts payable $ 876

Accounts receivable 966

Accumulated depreciationequipment 670

Cash 1,426

Common stock 1,368

Cost of goods sold 1,102

Depreciation expense 293

Dividends 367

Equipment 2,576

Income tax expense 207

Income taxes payable 177

Insurance expense 252

Interest expense 442

Inventory 1,123

Land 3,256

Mortgage payable 3,656

Notes payable 217

Prepaid insurance 102

Retained earnings (beginning) 1,600

Salaries and wages expense 658

Salaries and wages payable 264

Sales revenue 5,256

Stock investments (short-term) 1,314

Prepare an income statement for Ramirez Enterprises for the year ended April 30, 2014. RAMIREZ ENTERPRISES Income Statement For the Year Ended April 30, 2014 Prepare a retained earnings statement for Ramirez Enterprises for the year ended April 30, 2014. (List items that increase retained earnings first.) RAMIREZ ENTERPRISES Retained Earnings Statement For the Year Ended April 30, 2014 Prepare a classified balance sheet for Ramirez Enterprises as of April 30, 2014. (List current assets in order of liquidity.) RAMIREZ ENTERPRISES Balance Sheet April 30, 2014 Assets Liabilities and Stockholders' Equity