Refer to E3- 12.

Required:

Use the balances in the completed T-accounts in E3-12 to respond to the following: 1. Prepare an unadjusted income statement in good form for the month of March 2005. 2. Prepare an unadjusted statement of retained earnings for the month of March 2005. 3. Prepare an unadjusted classified balance sheet in good form as of March 2005. 4. What do you think about the success of this compam based on the results of the first month of operation ?