December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation Accounts payable Notes payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals Debits Credits 17,300 340,000 14,000 53,000 638,000 262.080 76,000 69, eee 7,700 2,300 400,000 360,000 770,000 462,600 115,500 42,000 63,00 4.600 5.600 1,747,000 1,747,000 Required: 1-a. Prepare an income statement for the year ended December 31, 2021, 1-b. Prepare a classified balance sheet as of December 31, 2021 2. Prepare the necessary closing entries at December 31, 2021 Complete this question by entering your answers in the tabs below. to search o BI E Prisen Wote & % 5 3 6 7 8 9 E R. . Y on.com/ex N Courses CS Virginia Community... a Tru cant Portal W Canvas V Hokiespa Saved ork equired: -a. Prepare an income statement for the year ended December 31, 2021. -b. Prepare a classified balance sheet as of December 31, 2021. 2. Prepare the necessary closing entries at December 31, 2021. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Prepare an income statement for the year ended December 31, 2021. BLUEBOY CHEESE CORPORATION Income Statement For the Year Ended December 31, 2021