QUES Presented here are the accounts of Gate City Answering Service for the year ended December 31, 2018 (Click the icon to view the accounts.) Requirements 1. Prepare Gate City Answering Service's income statement 2. Prepare the statement of retained earnings 3. Prepare the balance sheet. Fi Gate City Answering Service Income Statement Year Ended December 31, 2018 Net Income Data Table Land $ Ye 28,000 17,000 700 Notes Payable Property Tax Expense Dividends Rent Expense Salaries Expense Salaries Payable Service Revenue Office Supplies Retained Earnings, Dec. 31, 2017 10,000 29,000 2,400 35,000 7,000 71,000 1,100 Common Stock Accounts Payable Accounts Receivable Advertising Expense Building Cash Equipment Insurance Expense Interest Expense 10,000 143,400 3,600 11,000 192,000 2.100 14,000 6.900 50,000