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. 35 Credits 8/20 ints awarded S Scored BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash 15.800 Accounts Receivable 24.800 Supplies 31. 800 Prepaid Insurance 6,800 Equipment 500.000 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 25,800 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 158.000 Supplies Expense 283,000 Depreciation Expense 48.000 Insurance Expense 24.800 Utilities Expense 41.800 Interest Expense 7.900 Service Fee Expense 71.000 Totals $1.339.400 $ 192.000 30.800 27.800 4.800 130.000 .190.000 50,000 440,000 274.000 $1,339.400 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 $28,000. 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 ME ill 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: x Total Revenues Expenses: 0 x . X X Total Expenses 0 Required Required Balance at January 1 Accumulated Depreciation Add: Net Income Less: Dividends Balance at December 31 Next