The Skyline Motel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. In addition to those accounts listed on the trial balance, the chart of accounts for Skyline Motel also contains the following accounts and account numbers: No, 142 Accumulated Depreciation-Buildings, No, 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No, 619 Depreciation Expense, No. 631 upplies Expense, No. 718 Interest Expense, and No.722 Insurance Expense. Other datar 1. Prepaid insurance is a 1-year policy starting May 1, 2022. 2. A count of supplies shows $750 of unused supplies on May 31. 3. Annual depreciation is $3,000 on the buildings and $1,500 on equipment. 4. The note payable interest rate is 12%. (The note was taken out on May 1 and will be repaid along with interest in 2 years.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $750 are unpaid and unrecorded at May 31. Prebare an income statement for the month of May 31. Prepare a retained earnings statement for the month of May 31. Duanama s sualanre chent at Maw 21 I iet Aeeste in nmder nf linuidity l ist Prenertv. plant and eauipment in order of land, buildings and Liabilities and Stockholders' Equity $