Tot. current assets Tot. assets Prepare financial statements. (LO 1, 3), AP $4,746 Instructions $13,690 Pr 13680Pra classified balance sheet for Yahoo! Inc, as of December 31, 2014. P2-2A These items are taken from the financial statements of Tresh Corporation for 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 $31,000 2,000 66,000 18,300 10,100 3,000 12,000 12,000 68,000 3,500 1,800 3,600 11,700 2,200 37,000 17,600 Instructions Net income Tot. assets 821400 $73,700 Prepare an income statement, a retained earnings statement, and a classified balance sheet as of December 31, 2014