The retained wings balance was $41.400 on October 31, 20X0 Cash dividends of $12,000 were declared and disbursed to stockholders on November 29, 20X0 Requirements 1 Prepare an income statement for the month of November More Info 2. Prepare the retained earnings column of a statement of stockholders' equity Prepare a balance sheets of November 30, 20X0 Requirement 1. Prepare an income statement for the month of November Grasmere Machinery, Inc. income Statement For the Month Ended November 30, 20X0 Grasmere Machinery, Inc. Thai Balance November 30, 20X0 $ 10.500 104.000 77,000 1100 Deduct expenses Cash Accounts receivable Inventory Prepaid rent Accounts payable Paid in capital Robined earrings Sales Cost of goods sold Ront expense Wag opens Totals 130.000 20.400 30.000 Not income (105) 75,000 1300 6.500 Choose from any list or enter any number in the input fields and then click Check Answer 345.400 $ 345 400