1. Below is the adjusted trial balance for Chase Company at December 31, 202

Chase Company
Trial Balance
December 31, 2021
		Debit		Credit
Cash		$45,000
Accounts receivable		34,000
Office supplies		5,000
Prepaid insurance		9,000
Land		93,000
Building, net		290,000
Investments		25,000
Accounts payable				17,000
Salaries payable				4,000
Interest payable				3,000
Note payable (due in 4 years)				225,000
Common stock				150,000
Retained earnings				75,000
Service revenue				140,000
Cost of sales		58,000
Selling expenses		28,000
Administrative expenses		23,000
Interest expense		2,000
Income tax expense		2,000
		$614,000		$614,000

Required:

Prepare a balance sheet in good form at December 31, 2021

Show me the work as well, so I can learn it. Try to due this a soon as you can.