You Are Provide with the Following Information for Trent Company

You are provide with the following information for Trent Company, effective as of its April 30, 2014, year-end. $$\begin{array} { l r } \text { Accounts payable } & \$ 834 \\\text { Accounts receivable } & 810 \\\text { Buildings, net of accumulated depreciation } & 3,537 \\\text { Cash } & 770 \\\text { Common stock } & 900 \\\text { Cost of goods sold } & 2,500 \\\text { Current portion of long-term debt } & 450 \\\text { Depreciation expense } & 335 \\\text { Dividends paid during the year } & 475 \\\text { Equipment, net of accumulated depreciation } & 1,220 \\\text { Income tax expense } & 265 \\\text { Income taxes payable } & 265 \\\text { Interest expense } & 400 \\\text { Inventory } & 967 \\\text { Land } & 1,600 \\\text { Long-term debt } & 3,500 \\\text { Prepaid expenses } & 12 \\\text { Retained earnings, beginning } & 1,600 \\\text { Service revenue } & 9,600 \\\text { Selling expenses } & 310 \\\text { Debt investments } & 1,200 \\\text { Salaries and wages expense } & 700 \\\text { Salaries and wages payable } & 222\end{array}$$ Instructions
Prepare an income statement and a retained earnings statement for Trent Company for the year ended April 30, 2014.