The acusted trial balance for Pharoah Company is given below: PHAROAH COMPANY Trial Balance August 31, 2022 Before Adjustment Adjustment C. C. Cash Accounts Receivable Dr. $10,160 8.550 2.750 4,250 Dr. $10,160 9.130 1,740 2,830 Supe es Prepaid Insurance Equipment 16,640 16,640 Accumulated Depreciation Equipment $2,744 5160 $4,944 5.160 Accounts Payable Salaries and Wages Payable Unearned Rant Revenus 2,100 1,350 1.200 13,650 5.470 Common Stock 5.470 Retained Earnings Dividends 2870 2.670 Service Revenus 34,890 12,620 35,460 13,520 Rent Revenue Salaries and Wages Expense 16,750 18,100 1010 Supplies Expense Rent Expense 15,654 15,654 1,420 Insurance Expense Depreciation Expense 877.624 577,624 990,754 580.754 Prepare the income statement for the year anded August 21 PHAROAH COMPANY Income Statement Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) PHAROAH COMPANY Retained Earnings Statement PHARDAH COMPANY Assets Liabilities and Stockholders' Equity