The following are the amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $52,520 on January 1, 2018, the beginning of the year. During the year, dividends of $25,700 were paid.

Accounts payable	$19,150
Accounts receivable	67,530
Cash	206,990
Common stock	15,000
Fees earned	691,000
Land	50,000
Miscellaneous expense	5,370
Rent expense	89,480
Supplies	8,920
Supplies expense	14,320
Utilities expense	53,690
Wages expense	255,670

1. Prepare an income statement for the year ended December 31, 2018 Journey Travel Agency Income Statement For the Year Ended December 31, 2018 Expenses: Total expenses 2. Prepare a retained earnings statement for the year ended December 31, 2018. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Retained Earnings Statement For the Year Ended December 31, 2018 3. Prepare a balance sheet as of December 31, 2018. When entering assets, enter them in order of liquidity. Journey Travel Agency Balance Sheet December 31, 2018 Assets Total assets Liabilities Stockholders' Equity Un Total stockholders' equity Total liabilities and stockholders' equity 4. What item appears on both the retained earnings statement and the balance sheet