The account balances of Ertac Company Ltd is given below:

a.Prepare the income statement of Ertac Company Ltd for the month ended August 31, 2012.
b.Prepare the statement of Retained Earnings at August 31, 2012.
c.Prepare the company's balance sheet at August 31, 2012.
The following items are listed in alphabetical order
Accounts Payable	$3 250	Notes Receivable	3 000
Accounts Receivable	1 800	Retained Earnings
Advertising Expense	500	Salaries Expense	750
Building	52 000	Salaries Payable	250
Capital Stock	59 675	Sales Revenue	11 000
Cash	4 200	Supplies	2 325
Equipment	4 600	Supplies Expense	1 800
Interest Expense	200	Utilities Expense	100
Interest Receivable	2 100	Vans	4 000
Notes Payable	7 000	Vehicle	3 800