The acciunt balances for the year ended December 31, 2018, for Smith Inc. are listed next:

The account balances for the year ended December 31, 2018, for Smith, Inc., are listed next: Requirement 1. Prepare Smith, Inc.'s multistep income statement. Smith, Inc. Income Statement For the Year Ended December 31, 2018 The account balances for the year ended December 31, 2018, for Smith, Inc., are listed next: Net income (loss) 00 00 Requirement 2. Prepare Smith Industries, Inc.'s statement of retained earnings. Smith, Inc. Statement of Retained Earnings For the Year Ended December 31, 2018 Add: Subtotal Less: Requirement 3. Prepare Smith Industries, Inc.'s classified balance sheet in report form. Start by completing the asset portion of the statement, and then complete the liabilities and stockholders' equity sections of the statement. Assets Smith, Inc. Balance Sheet December 31, 2018 Total assets Total liabilities Liabilities Stockholders' Equity Total liabilities and stockholders' equity Data table Sales revenue. Equipment Accounts payable..... Estimated inventory returns. Advertising expense. Interest expense. Salaries payable. Accounts receivable. Building. Estimated refund liability Common stock. Depreciation expense (General).. Inventory..... Commission expense. www $ 275,100 Cost of goods sold 140,000 16,500 2,600 13,700 700 1,000 12,500 125,000 4,900 15,000 12,000 29,000 28,000 Print Accumulated depreciation, equipment.. Unearned sales revenue. Prepaid rent. Office salaries expense (General) Accumulated depreciation, building Utilities expense (General)... Dividends Cash Retained earnings, 12/31/2017 Delivery expense. Insurance expense (General). Mortgage payable (long-term) Supplies Done ***** MOD MARK 100% *** ****** I x $ 113,000 100,000 4,100 1,200 45,000 99,000 5,500 5,000 18,000 15,100 1,400 12,100 35,000 1,000 Requirements 1. Prepare Smith, Inc.'s multistep income statement. 2. Prepare Smith, Inc.'s statement of retained earnings. 3. Prepare Smith, Inc.'s classified balance sheet in report form. Print Done - X