Question 4) On June 1, Riedemann Marketing Co. was started with an initial investment in the company of $14,000 cash. Below are the accounts and balances as of August 31, the first quarter of operations: Advertising expense $ 475 Utilities expense Cash Supplies 5,345 Notes payable 1,371 Cost of goods sold Accounts receivable 3,987 Accounts payable Service revenue 8,888. Supplies expense Equipment 26,050 Salaries expense Unearned revenue 1,143 Sales revenue $ 342 11,020 1,999 798 1,406 1,477 4,717 During the quarter, the company issued $3,224 in additional stock and paid dividends of $1,338. Instructions (part (a) in color): a. Prepare an income statement and a retained earnings statement for the quarter and a balance sheet at August 31, 2021. b. Briefly explain whether the company's first quarter of operations was a success. c. Discuss the company's decision to distribute a dividend.