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1s The following items are taken from the financial statements of Croazori Ltd. For the fiscal year ended December 31, 2021 Accounts payable $15.500 Accounts

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1s The following items are taken from the financial statements of Croazori Ltd. For the fiscal year ended December 31, 2021 Accounts payable $15.500 Accounts receivable 18,000 Accumulated depreciation buldings 30,500 Advertising expense 21,000 Cash 15,000 Common shares (10,000 shares) 90.000 Depreciation expense 12.000 Dividends declared 5,000 Income tax expenso 10.000 Insurance expense 3,000 Bank loan payable 70,000 Prepaid insurance 6.000 Rent expense 22,000 Retained earnings, January 1, 2021 12.000 Salaries experise 32,000 3.000 Salaires payable Service revenue 143 000 Gation Question 2 24 Bank loan payable 70,000 25. Prepaid insurance 6,000 26 Rant expense 22.000 2 Retained earnings, January 1, 2021 12.000 20 Salaries expense 32,000 Salaries payable 3,000 3 Service revenue 143.000 31 Supplies 4.000 Supplies expense 6200 11 Buildings 210,000 Required: > Prepare a statement of income statement of retained earings, and statement of financial contion for the poor anded 31 Decombe 14

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