Question 4 These items are taken from the financial statements of Bramble Corp. for 2017. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $34,620 2,170 69,620 21,440 12,670 4,860 12,000 12,000 71,180 5,360 1,630 3,150 14,840 2,650 40,180 20,170 Prepare an income statement for the year ended December 31, 2017. Bramble Corp. Income Statement Prepare a retained earnings statement for the year ended December 31, 2017. (List items that increase retained earnings first.) Bramble Corp. Retained Earnings Statement Prepare a classified balance sheet as of December 31, 2017. (List current assets in order of liquidity.) Bramble Corp. Balance Sheet Assets $ Liabilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work