The completed financial statement columns of the worksheet for Sarasota Company are as follows. Sarasota Company Worksheet For the Year Ended December 31, 2019 Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Account No. 101 112 130 157 158 201 9,000 10,600 2,900 24,000 212 4,300 8,900 2,500 19,000 8,400 19,100 Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings Dividends Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense Totals Net Income 311 320 332 400 622 711 722 726 60,300 732 1,400 3,000 1,900 30,200 1,300 37,800 22,500 60,300 60,300 65,600 43,100 22,500 65,600 60,300 65,600 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number .g. -45 or parentheses e.g. (45).) Sarasota Company Income Statement Prepare a retained earnings statement. (List items that increase retained earnings first.) Sarasota Company Retained Earnings Statement Prepare a classified balance sheet. (List Current Assets in order of liquidity.) Sarasota Company Balance Sheet Assets Liabilities and Stockholders' Equity Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Dec 31 (To close revenue account.) Dec 31 (To close expense accounts.) Dec. 31 (To close net income / (loss).) Dec. 31 (To close dividends.) Post the closing entries and balance the accounts. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings No. 320 Dividends No. 332 Income Summary No. 350 Service Revenue No. 400 Maintenance and Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 Salaries and Wages Expense No. 726 Utilities Expense No. 732 Prepare a post-closing trial balance. Sarasota Company Post-Closing Trial Balance Debit Credit Totals