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Owen, Inc., restores antique automobiles. The retained earnings balance of the corporation was $18,300 at December 31, 2017. During 2018, the corporation paid $30,000 in dividends to its stockholders. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Read the requirements. Data table Requirement 1. Identify each amount shown as an asset, liability, or stockholders' equity. Accounts receivable $ 6.000 Cash $ 10,000 Account Balance Type of Account Account Balance Type of AC 16,000 10,000 Accounts receivable $ 6,000 Cash $ 10,000 ? Accounts payable ...... Advertising expense... Service revenue 5,500 16,000 Liability Accounts payable 10,000 Note payable Retained earnings 18,000 .... ? Advertising expense 5,500 88,000 Note payable Retained earnings Salaries expense Equipment Insurance expense Utilities expense 88,000 27,000 72,000 Common stock Salaries expense 18,000 Service revenue 10,000 Rent expense 3,700 Common stock Equipment Insurance expense 27,000 3,700 2,100 Supplies 72,000 10,000 2,100 2,000 Rent expense Utilities expense Supplies 2,000 Requirement 2a. Prepare the income statement for Owen, Inc., for the year ended December 31, 2018. Print Done Start with the heading and then complete the rest the statement. (If a box is not used in the statement, leave the box Requirement 2a. Prepare the income statement for Owen, 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 Revenue: Expenses: Total expenses Requirement 2b. Prepare the statement of retained earnings for Owen, 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 Owen, Inc., at December 31, 2018. Requirement 2c. Prepare the balance sheet for Owen, 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 s empty: do not select a label or enter a zero.) Assets Liabilities Cash Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total assets Total liabilities and stockholders' equity