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Question 42 of 42 - 76 The following information relates to Bonnie Billy Co. for the year 2018, Retained earnings, January 1, 2018 $67.000 Advertising expense Dividends 6,000 Rent expense Service revenue 65,500 Utilities expense Salaries and wages expense 29.000 $6,500 9,500 1,400 After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2018 (List items that increase retained earnings first.) BONNIE BILLY CO. Income Statement $ 8 ( 4 Question 42 of 42