The account balances for the year ended December 31, 2018, for Northeast, Inc., are listed next: (Click the icon to view the accounts.) Read the requirements. Requirement 1. Prepare Northeast, Inc.'s multistep income statement. Data Table Northeast, Inc. Income Statement For the Year Ended December 31, 2018 Sales revenue $ 350,000 150,000 18,800 2,800 Equipment Accounts payable Estimated inventory returns Advertising expense Interest expense Salaries payable 13,700 Cost of goods sold $ 120,900 Accumulated depreciation, equipment.. 26,400 Unearned sales revenue 5,900 Prepaid rent 4,000 Office salaries expense (General) 52,000 Accumulated depreciation, building 69,500 Utilities expense (General) 5,000 Dividends 4,000 Cash 7,800 700 1,700 Accounts receivable. 22,000 130,000 Building Estimated refund liability 4,500 25,500 Common stock 60,000 1,100 10,300 Depreciation expense (General) ... Inventory... Retained earnings, 12/31/2017 Delivery expense Insurance expense (General) Mortgage payable (long-term) Supplies 22,000 36,700 13,000 35,000 1,300 Commission expense Print Done Net income (loss) Requirement 2. Prepare Northeast Industries, Inc.'s statement of retained earnings. Northeast, Inc. Statement of Retained Earnings For the Year Ended December 31, 2018 Add: Subtotal Less: Requirement 3. Prepare Northeast 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. Northeast, Inc. Balance Sheet December 31, 2018 Assets Total assets Liabilities Total liabilities Stockholders' Equity Total liabilities and stockholders' equity