PROBLEMS P1. Use the following accounts and information to prepare, in good form, an income statement, statement of retained earnings, and balance sheet for Park Enterprises for the year ended December 31, 20xx. (43 pts) Accounts Payable Accounts Receivable Buildings 800 600 52,000 26,200 37,100 0,000 3,000 as Sales Common Stock Dividends Insurance Expense i,000 Land Notes Payable Rent Expense Retained Earnings, 1/1 84,400 Salaries Expense 8.400 Supplies Inventory 400 Sales Returns 39,000 3.600 100 18,000