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FedEx Corporation reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements.

3-a. Prepare an income statement for the year ended May 31, 2019.

3-b. Prepare a statement of retained earnings for the year ended May 31, 2019.

3-c. Prepare a classified balance sheet at May 31, 2019.

place into a balence sheet

\begin{tabular}{|c|c|c|} \hline & Debit & Credit \\ \hline Accounts Payable & & $2,960 \\ \hline Accounts Receivable & $9,200 & \\ \hline Accumulated Depreciation & & 29,100 \\ \hline Cash & 2,300 & \\ \hline Common Stock & & 3,200 \\ \hline Depreciation Expense & 3,300 & \\ \hline Dividends & 710 & \\ \hline Equipment & 59,500 & \\ \hline Goodwill & 10,900 & \\ \hline Income Tax Expense & 120 & \\ \hline Income Tax Payable & & 3,300 \\ \hline Interest Expense & 590 & \\ \hline Interest Receivable & 200 & \\ \hline Interest Revenue & & 60 \\ \hline Notes Payable (long-term) & & 27,600 \\ \hline Notes Payable (short-term) & & 1,000 \\ \hline Office Expenses & 13,760 & \\ \hline Prepaid Rent & 900 & \\ \hline Rent Expense & 3,300 & \\ \hline Repairs and Maintenance Expense & 2,800 & \\ \hline Retained Earnings & & 14,770 \\ \hline Salaries and Wages Expense & 24,800 & \\ \hline Salaries and Wages Payable & & 1,740 \\ \hline Service Revenue & & 69,700 \\ \hline Supplies & 500 & \\ \hline \multirow[t]{2}{*}{ Transportation Expense } & 20,550 & \\ \hline & $153,430 & $153,430 \\ \hline \end{tabular}

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