Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement, for the month of September and a balance sheet at September $30,2025$ for Arrow Industries. You must list the various accounts and their amounts. On the income statement, be sure to list the expenses in order of magnitude $($greatest to least$)$ and on the balance sheet, assets should be in order of liquidity. Please see Illus. $1\mathrm{.}9$ in the text for guidance.

Accounts payable $ $18,300$ Dividends $ $2,100$

Accounts receivable $5,800$ Insurance expense $2,100$

Buildings, net $66,000$ Supplies $3,100$

Cash $10,100$ Notes payable $6,100$

Service revenue $68,000$ Rent expense $3,600$

Common stock $36,500$ Salaries and wages expense $37,000$

Retained earnings $($beginning$)31,000$ Land $($underneath bldgs$.)24,200$

Supplies expense $900$ Repair expense $2,700$

Tax expense $2,300$