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Exercise 1-10A Link the income statement to the statement of stockholders' equity (LO1-3) On December 31, 2021, Fighting Okra Cooking Services reports the following revenues

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Exercise 1-10A Link the income statement to the statement of stockholders' equity (LO1-3) On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $72,000 1,200 2,200 Rent expense Salaries expense Supplies expense 12,200 20,000 12,000 In addition, the balance of common stock at the beginning of the year was $155,000, and the balance of retained earnings was $28,000. During the year, the company issued additional shares of common stock for $22,000 and paid dividends of $12,000. Required: 1. Prepare an income statement. 2. Prepare a statement of stockholders' equity. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Stockholders Equity Prepare a statement of Stockholders' Equity. FIGHTING OKRA COOKING SERVICES Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Retained Earnings Total Stockholders Equity Beginning Balance Ending Balance

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