The tabular analysis of transactions for Baxter Company is presented below. 
Instructions
Prepare a retained earnings statement for August and a classified balance sheet at August 31, 2014.
Definitions:
Allyl Cation
A positively charged ion with a structure characterized by a carbon atom connected to three other carbon atoms via a sigma bond and two pi bonds, forming a resonance-stabilized intermediate in organic reactions.
Major Organic Product
The foremost substance generated with the highest efficiency in a chemical process involving organic materials.
Nonbonding
Electrons in a molecule that are not involved in bonding but occupy nonbonding molecular orbitals, significantly influencing molecular shape and properties.
Π Molecular Orbital
A molecular orbital formed from the side-by-side overlap of atomic orbitals, having a nodal plane that passes through the nuclei.
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