Problem 3 (continued) Income Statement Statement of Retained Earnings Problem 3 (concluded) Balance Sheet

(20 poilus) Cash Accounts receivable Invento Pre aid insurance Land E ui ment Buildin S Accumulated de reciation Patent Co ri ht Accounts able Unearned revenue Notes a able Bonds a able Discount Common stock Additional aid inca ital Treasu stock, ined earni Sales revenue II Sales discounts Cost Of oods sold Wa esex nse Advertisi ex nse Utilities ex n se De re ciation ex nse Amortization ex ense Interest ex ense Gain on sale Of land Loss on sale of e ui ment Total Debit 62, 3m 15, om Ooc 3 404,700 6, 4 oco 2,100,000 remainder due Note payable, S20n is due within ope year. beyond one year. Please prepare an income statement, a statement Of earnings, and a classified balance sheet.