2 (24 points) GROUPON Groupon, Inc.'s financial statements say: "we commenced operations in October 2008, and are a global scaled two-sided marketplace that connects consumers to merchants by offering goods and services, generally at a discount. Consumers access those marketplaces through our mobile applications and our websites. Our operations are organized into two segments: North America and International." Below are the account balances (all normal) in alphabetical order from Groupon's financial statements as of December 31, 2021 except the Retained Earnings account. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in 2021. Accounts payable Accounts receivable Cash Common stock Cost of sales Depreciation expense Dividends General and administrative expenses Goodwill and other long-term assets Income tax expense Inventories and other current assets Long-term investments Long-term liabilities Marketing expense Property, equipment and software, net 100 37 499 78 230 64 0 332 329 32 52 119 317 189 122 Required: Prepare the following fiscal year 2021 financial statements for Groupon, Inc.. a) Income Statement (7 points) b) Statement of Stockholders' Equity (4.5 points) c) Balance Sheet (12.5 points) T Problem 2, Part (a): Prepare Groupon's Income Statement for the year ended December 31, 2021. GROUPON Income Statement For the year ended December 31, 2021 In millions of $ Revenue: Sales Revenue Expenses: 967 Dpeciation exp Total Expe Ac Acid AaB Ao Ab 33 GROUPON State of For year 31, 201 % 35 I 96 B 2 FIR 8B 2B & 7 61 PM 01 Review P Aici ABC AaB Ace AaB Amo H Table Design Problem 2, Part Prepare Gron's Balance Sheet as of December 201 ASSETS GROUPON As of Beber 31, 201 Th LIABILITIES a L " 10 OB + 2 T 96 Y 29 7 U 8 % 85 8 61 9 . 10 0 |- P +