These financial statement items are for Monty Company at year-end, July 31, 2019.

Salaries and wages payable		$ 2,500		Notes payable (long-term)		$ 1,900
Salaries and wages expense		51,900		Cash		14,400
Utilities expense		22,000		Accounts receivable		10,700
Equipment		31,200		Accumulated depreciation-equipment		6,100
Accounts payable		5,000		Dividends		3,200
Service revenue		61,400		Depreciation expense		3,800
Rent revenue		9,000		Retained Earnings (beginning of the year)		21,200
Common Stock		30,100

Prepare an income statement for the year

Prepare a retained earnings statement for the year.

Prepare a classified balance sheet at July 31.