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 $ 14,800 Accounts Receivable 25,200 Supplies 32,200 Prepaid Insurance 5,800 Equipment 475,000 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 24,800 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 148,000 Supplies Expense 273,000 Depreciation Expense 38,000 Insurance Expense 23,800 Utilities Expense 40,800 Interest Expense 7,200 Service Fee Expense 61,000 Totals $1,169,600 152,000 29,800 26,800 3,800 120,000 140,000 25,200 390,000 282,000 $1,169,600 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 $18,000. 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. Required 1 Required 2 Required 3 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