These financial statement items are for Blossom Company at year-end, July 31, 2017. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable $ 3,880 59,300 17,100 20,300 4,100 Service revenue Rent revenue 67,900 10,000 3,200 Notes payable (due in 2020) Common stock 16,000 30.600 Cash 11,180 Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) 8,000 4,000 6,000 35,400 Prepare an income statement for the year. Blossom Company did not issue any new stock during the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Blossom Company Income Statement $ $ Prepare a retained earnings statement for the year. Blossom Company did not issue any new stock during the year. Blossom Company Retained Earnings Statement Liabilities and Stockholders' Equity $ eTextbook and Media List of Accounts Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, e.g. 15.2.) :1 Current ratio Debt to assets ratio %