During 2021, McCall Company earned revenues of $146 million. i (Click the icon to view additional information.) Read the requirements Requirement 1. Prepare the income statement (with a proper heading) for 2021. (Enter all amounts in millions. If an input field is not used in the income statement, leave the field empty; do not select a label or enter a zero.) (millions) Revenue: Expenses: Net income (loss) More Info McCall incurred, during that same year, salary expense of $27 million, rent expense of $24 million, and utilities expense of $21 million. McCall declared and paid dividends of $11 million during the year. At December 31, 2021, McCall had cash of $140 million, accounts receivable of $75 million, property and equipment of $33 million, and other long-term assets of $17 million. At December 31, 2021, the company owed accounts payable of $62 million and had a long-term note payable of $33 million. McCall began 2021 with a balance in retained earnings of $75 million. At December 31, 2021, McCall had total stockholders' equity of $170 million, which consisted of common stock and retained earnings. McCall has a year-end of December 31. 1 Requirements Prepare the following financial statements (with proper headings) for 2021: 1. Income statement, 2. Statement of retained earnings, 3. Balance sheet