Problems 18. Prepare Financial Statements LO2, 3, 4 The following items are available from the financial records of Innovators Incorporated at the financial year ending 30 June 2021: 18 Accounts payable Accounts receivable Advertising expense Buildings Contributed capital Cash Notes payable Salaries expense Service revenue Equipment $27000 21000 6000 76000 30000 6320 70 000 9500 16 820 25000 Required Prepare Innovators Incorporated's income statement and statement of retained earnings for the year and its balance sheet at the end of the year