*retained earnings is not correct

WHITTAKER INCORPORATED Balance Sheet December 31, 2023 Current assets: Financial ratios computed for Whittaker Incorporated include the following: - All sales during the year were made on account. Cash collections during the year exceeded sales by $13,000, and no uncollectible accounts were written off. - The balance of the accounts receivable account was $49,000 on January 1,2023. - No common stock was issued during the year. - Dividends declared and paid during the year were $5,864. - The balance of the inventory account was $50,000 on January 1,2023. - Interest expense on the income statement relates to the 15% bonds payable; $10,000 of these bonds were issued on May 1,2023 ; the remaining amount of bonds payable were outstanding throughout the year. All bonds were issued at face amount. Required: a. Complete the income statement and balance sheet for Whittaker Incorporated. Complete this question by entering your answers in the tabs below. Complete the income statement for Whittaker Incorporated