Your due date is Wednesday, February 10th by 11:59pm. The following items are taken from the financial statements of Grove Company for 2017: m ve Accounts payable $18,500 Accounts receivable 8,000 th Accumulated depreciation-equipment 4,800 Bonds payable 18,000 s Help Cash 24,000 Sample Common stock 25,000 Cost of goods sold 27,000 ces Depreciation expense 4,800 ng Dividends 5,300 5 Help Equipment 44,000 Sample Interest expense 2,500 ces Patents 7,500 ng Retained earnings, January 1 16,000 Salaries and wages expense 5,200 Sales revenue 50,500 4,500 Supplies Instructions (a) Prepare an Income Statement and a "classified" Balance Sheet for Grove Company.