Chapter 1 Financial Statement Worksheet The following is the adjusted trial balance for Smith's Fish Camp as of December 31, 2021. Smith's Fish Camp Trial Balance December 31, 2021 Cash 9.600 Prepaid Boat Slip Rent 2.400 Tanning Supplies 800 Boating Equipment 40,000 Umbrella Stand Equipment 20,000 Accumulated Depreciation, Equipment 4,000 Accounts Payable 12,000 Common Stock 50,400 Dividends 16,800 Boat Rental Revenues 64,000 Umbrella Rental Revenues 4,800 Salary Expense, Boat Drivers 36,000 Advertising Expense, Boating Magazine 2.400 Depreciation Expense, Equipment 4,000 Coast Guard Expense 3.200 135.200 135,200 Using good form, prepare an income statement, a statement of retained earnings, and a balance sheet for Smith's Fish Camp as of December 31, 2021