The assets and liabilities of Kellogg Services, Inc., as of December 31. 20X7 and revenues and expenses for the year ended on that date are listed here. Beginning retained earnings was $11,000, and dividends totaled $42,000 for the year. Prepare the income statement of Kellogg Services, Inc. for the year ended December 31, 20X7. Prepare the company's statement of retained earnings for the year. Prepare the company's balance sheet at December 31, 20X7. Analyze Kellogg Services by answering these questions: Was Kellogg profitable during 20X7? By how much? Did retained earnings increase or decrease? By how much? Which is greater, total liabilities or total equity? Who owns more of Kellogg's assets, creditors or the Kellogg stockholders