Boilermaker Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding gam rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited. BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Cash Accounts Receivable Supplies Prepaid Insurance Debits Credits $ 14,500 25,500 32,500 5,500 Equipment Accumulated Depreciation Accounts Payable Salaries Payable 437,500 $ 140,000 29,500 26,500 Utilities Payable 3,500 Notes Payable (due in 5 years) 150,000 Common Stock 125,000 Retained Earnings 13,500 Dividends 24,500 Service Revenue-new construction Service Revenue-remodeling 375,000 258,000 Salaries Expense 145,000 Supplies Expense 270,000 Depreciation Expense 35,000 Insurance Expense 23,500 Utilities Expense 40,500 Interest Expense 9,000 Service Fee Expense 58,000 Totals $1,121,000 $1,121,000 Required 1 Required 2 Required 3 Prepare an income statement for the year ended December 31, 2021. Service Revenues: BOILERMAKER UNLIMITED Income Statement For the Year Ended December 31, 2021 Total Revenues Expenses: Total Expenses 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. Balance at January 1 Balance at December 31 BOILERMAKER UNLIMITED Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Retained Earnings Total Stockholders' Equity < Required 1 Required 3 > 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 Current Assets: Liabilities Current Liabilities: Total Current Assets Long-term Assets: Total Current Liabilities Long-term Liabilities: Total Liabilities Stockholder's Equity Total Assets Total Stockholders' Equity Total Liabilities and Stockholders' Equity < Required 2 Required 3 >