Problem 3-2A The Windsor, Inc. opened for business on May 1, 2019. Its trial balance before adjustment on May 31 is as follows. Windsor, Inc. Trial Balance May 31, 2019 Account Number Debit Credit $ 3,600 2,150 1,800 12,000 60,400 14,500 Cash Supplies Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense $ 11,800 3,100 40,000 35,500 8,950 650 3,300 950 $99,350 $99,350 CALCULATOR PRINTER VERSION BAC In addition to those accounts listed on the trial balance, the chart of accounts for Windsor, Inc. also contains the following accounts and account numbers: No. 14 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 1. 2. 3. 4. 5. 6. Prepaid insurance is a 1-year policy starting May 1, 2019. A count of supplies shows $800 of unused supplies on May 31, Annual depreciation is $3,024 on the buildings and $1,452 on equipment. The mortgage interest rate is 12%. (The mortgage was taken out on May 1.) Two-thirds of the unearned rent revenue has been earned Salaries of $700 are accrued and unpaid at May 31. Prepare an retained earnings statement for the month of May 31. (Round answers to 0 decimal places, Windsor, Inc. Retained Earnings Statement