Yummy -Licios Ice Cream
Unadjusted Trial Balance
At March 30, 2022
Cash	$ 17,000.00
Accounts Receivable	$ 600.00
Prepaid Rent	$ 7,300.00
Equipment	$ 9,700.00
Trademark	$ 9,700.00
Accounts Payable		$ 10,800.00
Deferred Revenue		$ 400.00
Notes Payable ( Long-term)		$ 20,000.00
Common Stock		$ 10,000.00
Retained Earnings, Jan. 1, 2022		$ 1,100.00
Dividends	$ 300.00
Sales Revenue		$ 11,300.00
Cost of ingredients	$ 4,500.00
Salaries and Wages	$ 3,200.00
Utilities Expense	$ 700.00
Advertising Expenses	$ 600.00
TOTAL	$ 53,600.00	$ 53,600.00

Hello.

Based on the above unadjusted trial balance, I need help for the following please:

1. Income statement

2. A statement of retained earnings

3. Balance sheet

4. Evaluation of the company's performance and financial status :

a. if the business is profitable

b. it is able to pay its current obligations / liabilities

c. its assets are financed more debts or equity

d. its retained earnings increased or decreased during the quarter and why

e. any other insights you have on the company's financial statements

f. justify your evaluation and support your discussion with relevant calculations or ratios

Thank you so much for your help.