The adjusted trial balance of Feagler Company for the year ended December 31, 2022, is as follows.

Prepare a multiple-step income statement and an owner's equity statement for 2022, and a classified balance sheet as of December 31, 2022.

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Cash Accounts Receivable Note Receivable (due February 20, 2023) Inventory Timberland Land Equipment Patents Accumulated Depletion Allowance for Doubtful Accounts Accumulated Depreciation-Equipment Notes Payable (due January 15, 2023) Accounts Payable Owner's Capital Sales Revenue Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Amortization Expense Research and Development Expense Bad Debt Expense License Expense Interest Expense Loss on Disposal of Plant Assets Total Debit $ 5,500 3,100 2,000 6,000 21,000 14,000 35,400 11,000 23,000 11,400 2,100 1,600 1,300 500 300 800 2,000 $141,000 Credit $ 3,900 1,000 8,300 4,600 2,300 68,500 52,000 400 $141,000