Question 2) Breakfast Company is a producer of ready-to-eat cereal and a leading producer of grain- based convenience foods such as frozen waffles and cereal bars. Suppose the following items were taken from its 2022 income statement and balance sheet. (All dollars are in millions.) $4,835 Rent revenue $11,001 Bonds payable 910 Cost of goods sold 15,592 Inventory Accounts payable Selling & Admin, expenses 23,755 5,399 Sales revenue 1,077 Retained Earnings, Jan. 1 15.356 Dividends 105 96 Common stock Notes payable 689 44 Income tax expense 334 Interest expense 995 Cash Instructions (in color): After analyzing the data, prepare an income statement and a retained earnings statement (in good form) for the year ending December 31, 2022.