The trial balance of the Luan Cing Company as of December $31,2024$ is presented below. Prepare an income statement, statement of retained earnings and a balance sheet for the year ended $($date of$),$ December $31,2024.$

$3$

Every yellow cell requires either an account title or a formula. ALL FORMULAS FOR TOTALS MUST INCLUDE THE $=$SUM FUNCTION. Use the dropdown list to select the proper account titles.

$\backslash$table$[[\backslash$table$[[$Luan Cing Company$],[$Trial Balance$],[$December $31,2024]]],[,$Debit,Credit$],[$Cash$,$$$5,400,],[$Accounts receivable,$1,300,],[$Inventory$,10,800,],[$Prepaid rent,$3,500,],[$Equipment$,27,100,],[$Accounts payable,,$$7,300$