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Data table The adjusted trial balance for the year of Griffith Corporation at December 31, 2021, follows. (Click the icon to view the adjusted trial
Data table The adjusted trial balance for the year of Griffith Corporation at December 31, 2021, follows. (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare Griffith Corporation's 2021 single-step income statement, statement of retained earnings, and balance sheet. Begin by preparing Griffith's 2021 income statement. Data table Griffith Corporation Income Statement Year Ended December 31, 2021 \begin{tabular}{l} \hline Accounts receivable \\ Depreciation expense \\ Expenses: \\ Interest expense \\ Interest income \\ Net income \\ Rent expense \\ Revenue: \end{tabular} Griffith Corporation Income Statement Year Ended December 31, 2021 \begin{tabular}{|l|} \hline Income tax expense \\ Insurance expense \\ Interest expense \\ Rent expense \\ Revenue: \\ Salary expense \\ Service revenue \\ Supplies expense \\ Total expenses \\ Utilities expense \end{tabular}
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