The following items and amounts were taken from Splish Brothers Inc.'s 2017 income statement and balance sheet Cash $86,900 Retained earnings 122,000 Cost of goods sold 436,500 Salaries and wages expense 119,400 Prepaid insurance 8,100 Inventory 64,100 Accounts receivable 88,200 Sales revenue 586,600 Notes payable 6,500 53,100 Accounts payable 5,100 Service revenue 1,880 Interest expense (a) Your answer is correct. Splish Brothers Inc Income Statement December 31, 2017 For the Year Ended December 31, 2017 For the Month Ended December 31, 2017 $ $ $ MacBook Air Splish Brothers Inc. Income Statement Dividends Expenses $ Net Income / (Loss) Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues $ $ MacRook Ai