Use the following accounts and information to prepare, in good form, an income statement, statement of retained earnings, and balance sheet for Brushton Industries for the month ended July 31, 20xx. Accounts Payable $6,200 Land $70,000 Accounts Receivable 2,800 Notes Payable 6,600 Buildings 44,000 Rent Expense 4,800 Cash 31,200 Retained Earnings, Commissions Earned 25,400 July 1, 2016 115,800 Common Stock 40,000 Salaries Expense 20,000 Dividends 16,000 Supplies 800 Insurance Expense 4,400