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These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries

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These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $32,850 2,180 65,300 17,650 14,980 5,600 22,400 12,000 3,400 5,200 1,800 72,680 6,130 1,600 3,200 13,600 2,600 41,670 22.480 Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number es. 45 or parentheses es (451) CULLUMBER COMPANY Income Statement For the Year Ended December 31, 2022 Expenses Dividends Retained Earnings, January 1 Prepare a retained earnings statement for the year ended December 31, 2022 (List items that increase retained earnings first.) CULLUMBER COMPANY Retained Earnings Statement Prepare a classified balance sheet as of December 31, 2022. (List Current Assets in order of liquidity) CULLUMBER COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity

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