Q$3.$ Based on the following trial balance for United Co$,$ prepare an income statement, statement of retained earnings and a balance sheet. The company made no additional investments in the company during the year. United Co$.$ Trial Balance December $31$ Cash SR $7,000$ Accounts receivable $475$ Supplies $2,500$ Equipment $17,000$ Accounts payable SR $1220$ Common stock $10,000$ Retained earnings $11,155$ Dividends $36,000$ Revenue earned $72,000$ Supplies expense $3,400$ Rent expense $6,000$ Wages expense $22,000$ Totals SR$94,375$ SR$94,375$