These items are taken from the financial statements of Tamarisk, Inc. for 2017 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $34,800 2,180 69,800 21,500 14,060 6,820 12,000 12,000 72,290 7,320 1,620 3,160 14,900 2,640 41,290 21,560 Prepare an income statement for the year ended December 31, 2017 Tamarisk, Inc. Income Statement SHOW LIST OF ACCOUNTS Prepare a retained earnings statement for the year ended December 31, 2017. (List items that increase retained earnings first.) Tamarisk, Inc. Retained Earnings Statement SHOW LIST OF ACCOUNTS Prepare a classified balance sheet as of December 31, 2017. (List current assets in order of liquidity.) Tamarisk, Inc. Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity