The Copeland Company was founded on January 1, 2017; since then, the company has been fairly successful; however, in an effort to save some money, the president has been keeping track of the financial records rather than hiring a professional accountant. Although some data is missing, a comparative report of year-end account balances appears below; all numbers are as of December 31" unless noted otherwise. 2019 2018 Rent expense 13,100 12,800 Selling and admin. expenses ? 6,400 Dividends 3,200 4,800 Retained earnings, Dec. 311 287,800 221,900 Notes payable 20,000 16,000 Accounts receivable 2,800 ? Property and equipment 337,230 273,400 Accounts payable 2 10,600 Common stock 40,000 40,000 Revenues 183,000 164,000 Payroll expense 93,500 82,300 Retained earnings, Jan. 1 221,900 ? Cash 18,600 13,500 Required: a. Prepare an income statement, statement of retained earnings and a balance sheet for each year and determine the missing values b. Assess the company's comparative results for the two-year period from the perspective of a bank and then from the perspective of an investor (.e. did things get better or worse from those perspectives and why). If you were a bank would you lend the company more money? If you were an investor would you invest more money in the company? Briefly explain your decisions