QUESTION 32 Sodexo Corporation provides food services to universities. Its account balances are provided below in alphabetical order for the month ended July 31, 2018. Sodexo's Retained Earnings account balance represents the balance as of June 30, 2017. All other account balances are as of July 31, 2018. Accounts Payable 3,100 Accounts Receivable 1,400 Buildings 22,000 Cash 15,600 Commission Revenue 12,700 Common Stock 20,000 Dividends 8,000 Insurance Expense 2,200 Land 35,000 Notes Payable, due 2020 3,300 Rent Expense 2,400 Retained Earnings, June 30, 2017 57,000 Salaries Expense 10,000 Supplies Expense 400 REQUIRED: Prepare the following financial statements for the period ending July 31, 2018 using proper format: a. Income Statement b. Statement of Retained Earnings c. Balance Sheet