The trial balance of Peoples Choice Wholesale Company contained the following accounts shown at December 31, the end of the companys fiscal year.

The trial balance of People's Choice Wholesale Company contained the following accounts shown at December 31, the end of the company's fiscal year. PEOPLE'S CHOICE WHOLESALE COMPANY Trial Balance December 31, 2017 Debit Credit Cash 69,080 82,720 154,000 202,400 440,000 Accounts Receivable Inventory Land Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable $132,000 183,700 89,100 120,340 38,500 Common Stock 352,000 147,840 Retained Earnings Dividends 22,000 Sales Revenue 2,028,620 Sales Discounts 13,200 1,561,780 112,860 25,080 19,580 11,440 Cost of Goods Sold Salaries and Wages Expense Utilities Expense Maintenance and Repairs Expense Advertising Expense Insurance Expense 10,560 $2,908,400 $2,908,400 Adjustment data: Depreciation is $17,600 on buildings and $15,400 on equipment. (Both are operating expenses.) Interest of $9,900 is due and unpaid on notes payable at December 31 Income tax due and unpaid at December 31 is $52,800 1. 2. 3. Other data: $33,000 of the notes payable are payable next year adjusted trial balance. Prepare an PEOPLE'S CHOICE WHOLESALE COMPANY Adjusted Trial Balance Debit Credit Prepare a retained earnings statement for the year ended December 31, 2017. (List items that increase retained earnings first.) PEOPLE'S CHOICE WHOLESALE COMPANY Retained Earnings Statement Prepare a classified balance sheet at December 31, 2017. (List current assets in order of liquidity and property, plant and equipment in order of land, buildings and equ PEOPLE'S CHOICE WHOLESALE COMPANY Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $