Boilermaker 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. Credits BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash $ 14,900 Accounts Receivable 25,100 Supplies 32,100 Prepaid Insurance 5,900 Equipment 487,500 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 24,900 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 149,000 Supplies Expense 274,000 Depreciation Expense 39,000 Insurance Expense 23,900 Utilities Expense 40,900 Interest Expense 6,600 Service Fee Expense 62,eee Totals $1,185,800 $ 156, eee 29,900 26,900 3,900 110,000 145,000 38,100 395,000 281,000 $1,185,800 Prev 5 of 7 # Next > ENG BE to search 98 End of Chap 0 Saved Prepare an income statement for the year ended December 31, 2021. BOILERMAKER UNLIMITED Income Statement For the Year Ended December 31, 2021 Service Revenues: Total Revenues Expenses: Total Expenses Required 1 Required 2 Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted sh 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: Total Liabilities Stockholder's Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets