Yankee Hotel Foxtrot initiated operations on July 1, 2018. To manage the company officers and managers have requested monthly financial statements starting July 31, 2018. The adjusted trial balance amounts at July 31 are shown below. Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Interest Expense Total debits Debits $7,680 810 1,965 1,160 11,400 800 7.145 2.740 665 580 45 $34.990 Accumulated Depreciation - Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Credits $840 6,000 2.140 360 40 580 5,000 5,640 14,390 Total credits $34.990 Your answer is correct. Determine the net income for the month of July. 29% 35C | CPU Net Income $ 3215 eTextbook and Media Your answer is correct. Determine the total assets and total liabilities at July 31, 2018 for Yankee Hotel Foxtrot. Total Assets Total Liabilities $ $ 22175 9120 eTextbook and Media * Your answer is incorrect. Determine the amount that appears for Retained Earnings at July 31, 2018. Retained Earnings at July 31, 2018 $ 5640