The following information relates to Bonnie Billy Co. for the year 2018.

Retained earnings, January 1, 2018		$67,000		Advertising expense		$6,500
Dividends		6,000		Rent expense		9,500
Service revenue		65,500		Utilities expense		1,400
Salaries and wages expense		29,000

BONNIE BILLY CO. Income Statement For the Month Ended December 31, 2018For the Year Ended December 31, 2018December 31, 2018
RevenuesTotal ExpensesTotal RevenuesGross ProfitExpensesInvestmentsNet Income / (Loss)Dividends
		$
Total RevenuesGross ProfitRevenuesNet Income / (Loss)DividendsInvestmentsExpensesTotal Expenses
	$
RevenuesInvestmentsDividendsNet Income / (Loss)Gross ProfitExpensesTotal ExpensesTotal Revenues
Total RevenuesNet Income / (Loss)ExpensesTotal ExpensesInvestmentsGross ProfitDividendsRevenues		$

BONNIE BILLY CO. Retained Earnings Statement For the Month Ended December 31, 2018December 31, 2018For the Year Ended December 31, 2018
Retained Earnings, December 31Rent ExpenseDividendsNet Income / (Loss)Retained Earnings, January 1Service Revenue		$
AddLess : Retained Earnings, January 1Net Income / (Loss)DividendsService RevenueRent ExpenseRetained Earnings, December 31
AddLess : Retained Earnings, January 1Service RevenueRetained Earnings, December 31DividendsNet Income / (Loss)Rent Expense
Retained Earnings, January 1Service RevenueRetained Earnings, December 31Rent ExpenseNet Income / (Loss)Dividends		$

Attempt in Progress The following information relates to Bonnie Billy Co. for the year 2018, Retained earnings, January 1, 2018 $67,000 Advertising expense Dividends 6,000 Rent expense Service revenue 65,500 Utilities expense Salaries and wages expense 29.000 $6,500 9.500 1,400 After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2018 (List items that increase retained earnings first.) BONNIE BILLY CO. Income Statement BONNIE BILLY CO. Retained Earnings Statement