Question 1 of 40 > - 76 III View Policies Current Attempt in Progress This information relates to Blossom Co. for the year 2022. Retained earnings, January 1, 2022 Advertising expense Dividends paid during 2022 Rent expense Service revenue Utilities expense Salaries and wages expense $59,500 2.200 9,900 10,600 55,000 2,700 24,500 After analyzing the data, prepare an income statement. BLOSSOM CO. Income Statement $ $ Prepare a retained earnings statement for the year ending December 31, 2022. (List items that increase retained earnings first.) BLOSSOM CO. Retained Earnings Statement $ $ Save for Later Attempts: 0 of 1 used Submit