The assets and liabilities of Beck with Garden Supply, Inc., as of December 31, 2016, and revenues and expenses for the year ended on that date follow: Beginning retained earnings was $364, 200, and dividends declared totaled $106,000 for the year, Prepare the income statement of Beck with Garden Supply, Inc., for the year ended December 31, 2016. Prepare the company's statement of retained earnings for the year. Prepare the company's balance sheet at December 314, 2016. Analyze Beck with Garden Supply, Inc., by answering these questions: Was Beck with Garden Supply profitable during 2016? By how much? Did retained earnings increase or decrease? By how much? Which is greater, total liabilities or total stockholders equity? Who has a greater claim to Beck with Garden Supply's assets, creditors of the company or the Beck with Garden Supply stockholders