This information relates to Sheffield Corp. for the year 2022. Retained earnings, January 1, 2022 $73,700 Advertising expense 1,980 Dividends 6,600 Rent expense 11,440 Service revenue 63,800 Utilities expense 2,640 Salaries and wages expense 33,000 Prepare a retained earnings statement for the year ending December 31, 2022. (List items that increase retained earnings first.) Sheffield Corp Retained Earnings Statement For the Year Ended December 31, 2022 w Total Revenues Net Income /(Loss) The following information is available for Blossom Inc Accounts receivable $ 2.448 Cash $6,375 Accounts payable 3,774 Supplies 3,833 Interest payable 596 Unearned service revenue 867 4,590 Service revenue 41.734 Salaries and wages expense Notes payable 32.130 Salaries and wages payable 761 Common stock 51,714 Depreciation expense 679 Inventory 2,899 Equipment (net) 110,364 Using the information above, prepare a balance sheet as of December 31, 2022. (Hint: Solve for the missing retained earnings amount.) (List Assets in order of liquidity) Blossom, Inc. Balance Sheet Assets $ $ Liabilities and Stockholders' Equity