The account balances tabular from the adjusted tabular summary of Nicks Financial Planners appears below. Accounts Payable Cash $15,400 Accounts Receivable 2,200 Supplies 1,800 Equipment 15,500 Accumulated Depreciation-Equipment 4,000 Accounts Payable 3,000 Unearned Service Revenue 5,000 Common Stock 15,000 Retained Earnings 7,400 Dividends Service Revenue Supplies Expense Depreciation Expense 3,500 9,500 1,100 2,500 Rent Expense 1,900 Using the information, you are to prepare for the month ending December 31, 2022: An income statement. NICKS FINANCIAL PLANNERS Income Statement For the Month Ended December 31, 2022 Revenues Service Revenue Expenses Supplies Expense Depreciation Expense Rent Expense Total Expenses Net Income/(Loss) 69 1100 2500 1900 19 $ 9500 5500 4000 Your answer is correct. A retained earnings statement. (List items that increase retained earnings first.) NICKS FINANCIAL PLANNERS Retained Earnings Statement For the Month Ended December 31, 2022 Retained Earnings, December 1 Add : Net Income/(Loss) Less : Dividends Retained Earnings, December 31 eTextbook and Media List of Accounts 7400 4000 11400 3500 i 7900 rent Assets sh counts Receivable pplies NICKS FINANCIAL PLANNERS Balance Sheet Assets Liabilities and Stockholders' Equity 10 17 15 2 1 Liabilities and Stockholders' Equity