These financial statement items are for Swifty Corporation at year-end, July 31, 2017.

Salaries and wages payable		$ 3,680
Salaries and wages expense		58,900
Supplies expense		17,000
Equipment		20,100
Accounts payable		4,100
Service revenue		67,500
Rent revenue		9,900
Notes payable (due in 2020)		3,800
Common stock		16,000
Cash		30,400
Accounts receivable		11,780
Accumulated depreciationequipment		7,500
Dividends		4,000
Depreciation expense		5,500
Retained earnings (beginning of the year)		35,200

Prepare an income statement for the year. Swifty Corporation did not issue any new stock during the year.

Swifty Corporation Income Statement For the Year Ended July 31, 2017For the Month Ended July 31, 2017July 31, 2017
DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2013Retained Earnings, July 31, 2014RevenuesTotal ExpensesTotal Revenues
	$
Dividends Expenses Net Income / (Loss) Retained Earnings, August 1, 2013 Retained Earnings, July 31, 2014 Revenues Total Expenses Total Revenues		$
DividendsExpensesNet Income / (Loss)Retained Earnings August 1, 2013Retained Earnings July 31, 2014RevenuesTotal ExpensesTotal Revenues
	$
Dividends Expenses Net Income / (Loss) Retained Earnings, August 1, 2013 Retained Earnings, July 31, 2014 Revenues Total Expenses Total Revenues
DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2013Retained Earnings, July 31, 2014RevenuesTotal ExpensesTotal Revenues		$

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Prepare a retained earnings statement for the year. Swifty Corporation did not issue any new stock during the year.

Swifty Corporation Retained Earnings Statement July 31, 2017For the Month Ended July 31, 2017For the Year Ended July 31, 2017
DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2016Retained Earnings, July 31, 2017RevenuesTotal ExpensesTotal Revenues		$
AddLess : DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2016Retained Earnings, July 31, 2017RevenuesTotal ExpensesTotal Revenues	$
AddLess : DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2016Retained Earnings, July 31, 2017RevenuesTotal ExpensesTotal Revenues
DividendsExpensesNet Income / (Loss)Retained Earnings, August 1, 2016Retained Earnings, July 31, 2017RevenuesTotal ExpensesTotal Revenues		$