The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirement 1. Prepare the income statement of Post Flower Garden Supply, Inc., for the year ended December 31, 2018. Let's begin the heading and then complete the rest of the statement. (If a box is not used in the financial statements leave the box empty; do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Revenue: Expenses: Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: E: (Click the icon to view the account totals.) Read the requirements. Net income (loss) Requirement 2. Prepare the company's statement of retained earnings for the year. Start with the heading and then complete the rest of the statement. (Include a subtotal after the "Add" line of the statement.) Add: Subtotal Less: Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirement 3. Prepare the company's balance sheet as of December 31, 2018. Start with the heading and then complete the rest of the statement. (Do not classify the balance sheet into current and long-term sections. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If a box is not used in the financial statements leave the box empty; do not select a label or enter a zero.) Assets Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: E: (Click the icon to view the account totals.) Read the requirements. Total assets Liabilities Stockholders' Equity Total liabilities and stockholders' equity Requirement 4. Analyze Post Flower Garden Supply, Inc., by answering these questions: Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Total liabilities and stockholders' equity Requirement 4. Analyze Post Flower Garden Supply, Inc., by answering these questions: a. Was Post Flower profitable during 2018? By how much? Result of operations: of $ b. Did retained earnings increase or decrease? By how much? Retained earnings by $ c. Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Flower's assets: its creditors or its stockholders? exceeds by $ own more of Post Flower's assets. Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the re Data Table Total liabil Requiremel a. Was Pos Equipment $ 118,000 Land $ 29,000 Interest expense 11,000 Note payable 99,000 Interest payable 2,800 Property tax expense 7,100 Accounts payable 29,000 Rent expense 41,600 Salary expense 108,300 Accounts receivable 85,100 Building 400,000 Service revenue 457,600 Cash 43,000 Supplies 6,000 Common stock 12,900 Utilities expense 9,100 Beginning retained earnings was $364,900, and dividends declared and paid totaled $108,000 for the year. Result of op b. Did retain Retained e 's assets: c. Which is its creditors Print Done more of Post Flowel usut. Choose from any list or enter any number in the input fields and then continue to the next question. ? The assets and liabilities of Post Flower Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirements Total liabil Requirem a. Was Po 1. Prepare the income statement of Post Flower Garden Supply, Inc., for the year ended December 31, 2018. 2. Prepare the company's statement of retained earnings for the year. 3. Prepare the company's balance sheet as of December 31, 2018. 4. Analyze Post Flower Garden Supply, Inc., by answering these questions: Was Post Flower profitable during 2018? By how much? b. Did retained earnings increase or decrease? By how much? c. Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Flower's assets: its creditors or its stockholders? a. Result of b. Did reta Retained Print Done assets: c. Which is its creditor exceeds by $ own more of Post Flower's assets. Choose from any list or enter any number in the input fields and then continue to the next