Question Two (40 Marks) Briefly explain the three types of financial statements used by businesses and explain the balance sheet in more details (200 words) For the following corporation ABC, prepare Income statement, Retained Earning statement, and Balance sheet statement from the following information data for the year ended Dec 31, 2018 Service revenue Accounts receivable Accounts payable Building rental expense Notes payable Common stock Retained earnings Equipment Insurance expense Supplies Supplies expense Cash Dividends $51,000 $12,000 $6,000 $27,000 $15,000 $30,000 ? $48,000 $3,000 $3,600 $600 $6,000 $1,800