Using the following information, complete the income statement, statement of retained earnings, and balance sheet for

LUV Painting for the month of March 2018. The business began operations on March 1,2018.

Accounts Receivable

$1,800

Salaries Expense

$1,300

Accounts Payable

1,400

Service Revenue

10,500

Cash

23,500

Office Supplies

1,900

Stock issued during March

40,000

Truck

18,680

Dividends paid during March

4,500

Utilities Expense

220