Exercise 1-10A Link the income statement to the statement of stockholders' equity (L01-3) On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $ 84,000 1,950 Rent expense Salaries expense Supplies expense 11,500 33,000 19,000 2,850 In addition, the balance of common stock at the beginning of the year was $650,000, and the balance of retained earnings wa $50,000. During the year, the company issued additional shares of common stock for $34,000 and paid dividends of $28,000. 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 an Income Statement. FIGHTING OKRA COOKING SERVICES Income Statement For the Year Ended December 31, 2021 1. Prepare an income statement. 2. Prepare a statement of stockholders' equity. Complete this question by entering your answers in the tabs below. Stmt of Income Stockholders Statement Equity Prepare an Income Statement. FIGHTING OKRA COOKING SERVICES Income Statement For the Year Ended December 31, 2021 Expenses: Total Expenses Income Statement Stmt of Stockholders Equity > 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 Income Statement Stmt of Stockholders Equity>