You are provided with the following information for Skysong, Inc.effective as of its April 30, 2017 year-end. Accounts payable Accounts receivable Accumulated depreciation equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes payable Prepaid insurance Retained earnings beginning) Salaries and wages expense Salaries and wases payable Sales revence Stock investments (short-term) $864 930 670 1.390 1260 1.090 305 355 2.540 195 165 240 430 1087 3.220 3.620 181 90 1,600 670 252 5.220 1.290 Prepare an income statement for Skysong, Inc. for the year ended April 30, 2017 Skysong, Inc. Income Statement For the Year Ended April 30, 2017 Revenues Sales Revenue Expenses Total Expenses Net Income /(Loss) Prepare a retained earnings statement for Skysong, Inc. for the year ended April 30, 2017. (List items that increase retained earnings first.) Skysong, Inc. Retained Earnings Statement Add: Net Income /(Loss) Less Dividends . Prepare a classified balance sheet for Skysong, Inc. as of April 30, 2017. (List current assets in order of liquidity.) Skysong, Inc. Balance Sheet April 30, 2017 Assets $ Liabilities and Stockholders' Equity $