ator Question 2, P3-64A (similar to) Part 1 of 5 HW Score: 22.89%, 9.16 of 40 points O Points: 0 of 7 The adjusted trial balance for the year of Balsamo Corporation at May 31, 2021, follows. (Click the icon to view the adjusted trial balance.) Read the requirements. Save Requirement 1. Prepare Balsamo Corporation's 2021 single-step income statement, statement of retained earnings, and balance sheet. Begin by preparing Balsamo's 2021 income statement. Balsamo Corporation Income Statement Year Ended May 31, 2021 Income before tax Clear all Check answer ork: End er Proj list Question 2, P3-64A HW Score: 22.89%, 9.1 X Data table Balsamo Corporation 1, 202 Adjusted Trial Balance 1 May 31, 2021 Account Debit Credit Cash 2 Accounts receivable Supplies 3 Prepaid rent Equipment 4 Accounts payable Interest payable $ 18,000 e stat 19,200 2,100 1,500 37,100 Accumulated depreciation-equipment $ 4,400 8,700 200 5 Unearned service revenue 500 Income tax payable 2,800 6 Note payable Common stock Retained earnings 18,700 11,000 2,500 7 Dividends Service revenue 8 Salonavnenes 10,000 118,100 Depreciation expense-equipment 1,200 40.000 es Calculator Print Done Clear all n3 n4 Income tax payable Note payable Common stock Retained earnings 2,800 18,700 11,000 2,500 Dividends 10,000 Service revenue 118,100 n5 Depreciation expense-equipment 1,200 Salary expense 49,800 Rent expense 11,000 n 6 Interest expense 3,300 Insurance expense 3,400 on 7 Supplies expense 2,800 Income tax expense 7,500 166,900 $ 166,900 Total on 8 ges Calculator Print Done Clear all Check answe