The adjusted trial balance for Ivanhoe Company is given below: IVANHOE COMPANY Trial Balance August 31, 2017 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $11,070 $11,070 Accounts Receivable 8,990 9.540 2,640 1.210 Supplies Prepaid Insurance 4,490 3,020 Equipment 15,410 15,410 Accumulated Depreciation-Equipment $3,467 $4,667 Accounts Payable 5,270 5,270 Salaries and Wages Payable 0 1,050 Accounts Payable 5,270 5,270 Salaries and Wages Payable O 1,050 Unearned Rent Revenue 1,810 920 Common Stock 15,950 15.950 Retained Earnings 5,680 5,680 Dividends 2,920 2.920 Service Revenue 34,300 34,850 Rent Revenue 13,520 14,410 Salaries and Wages Expense 16,120 17.170 Supplies Expense 0 1.430 18,357 18,357 Rent Expense Insurance Expense 0 1.470 0 1,200 Depreciation Expense $79.997 $79.997 $82,797 $82,797 Prepare the income statement for the year ended August 31. IVANHOE COMPANY Income Statement For the Year Ended August 31, 2017 Revenues Service Revenue Rent Revenue Total Revenues Expenses 17,170 Salaries and Wages Expense Supplies Expense Expenses Salaries and Wages Expense 17,170 Supplies Expense Rent Expense Insurance Expense Depreciation Expense Total Expenses Net Income /(Loss) Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.) IVANHOE COMPANY Retained Earnings Statement Prepare the classified balance sheet at August 31. (List Current Assets in order of liquidity) IVANHOE COMPANY Balance Sheet Assets $ $ $ A Alle 5 Liabilities and Stockholders' Equity $