2 Problem 3-5A Prepare financial statements from an adjusted trial balance when net income is positive (LO3-5) 5 500 Bollermoker Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited BOILERRAKER INITED Adjunte Teine December 31, 2011 M Dei Credit Cash 1 14500 ecote Receivable 26.500 Spl 3.500 Trepaldo 437,500 Neculated Deprecation $140,000 countable 20, 500 Starle lavalle 20, 500 Dellten Payable 3.500 Totes Payable in your 110,000 Coonoo Stock 125,000 Read Laminer 13,500 Dvde 24500 Service Bertion 315.000 Service vode 250,000 Salarie Papety 145.000 Deplies 270.000 Depreciation Bape 35 000 Inource 23.500 Utilities 10.500 Interest Experie 0.000 Service Fee Bree 1000 Totale 11, 121.000 $1,121,000 Required: 1. Prepare an income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31 , 2021, note that during the year the company issued additional common stock for $15,000. This amount is included in the amount for Common Stock in the adjusted trial balance. 3. Prepare the classified balance sheet for the year ended December 31 , 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an income statement for the year ended December 31, 2021. Prepare an income statement for the year ended December 31, 2021. BOILERMAKER UNLIMITED Income Statement For the Year Ended December 31, 2021 Fervice Revenues Cash Total Revenues S 0 Expenses Total Expenses Required Required 2 > Saved ra Credit 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for the year ended December 31, 2021, note that during the year the company issued additional common stock for $15,000. This amount is included in the amount for Common Stock in the adjusted trial balance. BOILERMAKER UNLIMITED Statement of Stockholders' Equity For the Year Ended December 31, 2021 Total Common Retained Stockholders Stock Earnings Equity Balance at January 1 Balance at December 31 Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) BOILERMAKER UNLIMITED Balance Sheet December 31, 2021 Assets Liabilities Current Assets Current Liabilities Total Current Assets Long term Assets Total Current Liabilities Long-term Liabilities $ 0 Total Liabilities Stockholder's Equity 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets $ $ 0