Question 5 (Continued) 2. Prepare in good form a statement of retained earnings of Palm Realtors Ltd. for the year ended December 31, 2019. (3 marks) Palm Realtors Ltd. Statement of Retained Earnings For the Year Ended December 31, 2019 3. Prepare in good form a classified statement of financial position for Palm Realtors Ltd as at December 31, 2019, by completing the table below. (10 Marks) Palm Realtors Ltd. Statement of Financial Position As at December 31, 2019 ASSETS LIABILITIES Current assets: Current Liabilities: Total liabilities SHAREHOLDERS' EQUITY Total assets Total liabilities and shareholder's equity Question 5 (Continued) 2. Prepare in good form a statement of retained earnings of Palm Realtors Ltd. for the year ended December 31, 2019. (3 marks) Palm Realtors Ltd. Statement of Retained Earnings For the Year Ended December 31, 2019 3. Prepare in good form a classified statement of financial position for Palm Realtors Ltd as at December 31, 2019, by completing the table below. (10 Marks) Palm Realtors Ltd. Statement of Financial Position As at December 31, 2019 ASSETS LIABILITIES Current assets: Current Liabilities: Total liabilities SHAREHOLDERS' EQUITY Total assets Total liabilities and shareholder's equity