Requirement 2a. Prepare the income statement for Motor Cord, Inc., for the year ended December 31, 2018 Start with the heading and then complete the rest of the statement. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Revenue Expenses Total expenses Net income Requirement 2b. Prepare the statement of retained earnings for Motor Cord, Inc., for the year ended December 31, 2018. Start with the heading and then complete the rest of the statement. Add: Subtotal Less: Requirement 2c. Prepare the balance sheet for Motor Cord, Inc., at December 31, 2018 Start with the heading, then complete the asset portion of the statement, and finally, complete the liabilities and stockholders' equity sections of the statement. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total assets Total liabilities and stockholders' equity Data Table Accounts receivable Cash 16,000 $ 12,000 25,000 ? Note payable Retained earnings Salaries expense Equipment Insurance expense Accounts payable Advertising expense Service revenue Common stock 2,000 2,500 68,000 34,000 22,000 67,000 8,000 2,200 Rent expense Supplies 3,700 1,100 Utilities expense