[The following information applies to the questions displayed below.] A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date.

	Unadjusted Trial Balance					Adjusted Trial Balance
Cash	$	109,170				$	109,170
Accounts receivable		15,000					25,000
Office supplies		17,800					9,000
Prepaid insurance		9,040					3,760
Office equipment		83,000					83,000
Accum. DepreciationOffice equip.			$	23,000				$	34,000
Accounts payable				10,100					24,000
Interest payable				0					2,000
Salaries payable				0					13,000
Unearned consulting fees				28,000					13,000
Long-term notes payable				56,000					56,000
Common stock				32,400					32,400
Retained earnings				21,600					21,600
Dividends		8,500					8,500
Consulting fees earned				168,000					193,000
Depreciation expenseOffice equip.		0					11,000
Salaries expense		68,010					81,010
Interest expense		1,310					3,310
Insurance expense		0					5,280
Rent expense		14,820					14,820
Office supplies expense		0					8,800
Advertising expense		12,450					26,350
Totals	$	339,100	$	339,100		$	389,000	$	389,000

Problem 3-4A Part 2

2(a-1) Prepare JKL Company's income statement for the year ended July 31, 2017. 2(a-2) Prepare JKL Company's statement of retained earnings for the year ended July 31, 2017. Note: Retained earnings at July 31, 2016, was $21,600, and the current-year dividends were $8,500. 2(b) Prepare JKL Company's the balance sheet as of July 31, 2017.