help please

Problem 1-3A Prepare financial statements (LO1-3) Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of company reports the following amounts: 08 Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,400 Service revenue 22,eee Cost of goods sold (food expense) 3,800 Buildings 3,000 Supplies 5,900 Salaries payable $69,700 53,800 26,000 2, eee 700 In addition, the company had common stock of $26,000 at the beginning of the year and issued The company also had retained earnings of $12.100 at the beginning of the year. Required: es 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation. 2 Required: 1. Prepare the income statement for Longhorn Corporation 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation 3 points Complete this question by entering your answers in the tabs below. 01:45.51 Required: Required 2 Required 3 eBook Prepare the income statement for Longhorn Corporation ASK LONGHORN CORPORATION Income Statement For the year ended Dec. 31, 2021 Service revenue References $ 69,700 Exponses Delivery expenso Salaries expense $ 3.000 5.000 Total expenses Net income 8,900 30,800 $ Round Required 2 > 3. Prepare the balance sheet for Longhorn Corporation points Complete this question by entering your answers in the tabs below. 01:45:41 Required 1 Reglired 2 Required 3 eBook Prepare the statement of stockholders' equity for Longhorn Corporation. Ask LONGHORN CORPORATION Statement of Stockholders' Equity For the year ended Dec. 31, 2021 References Common Stock Retained Earnings Total Stockholders Equity Beginning balance 26,000 $ 12,100 2,600 Add: Net income Ending balance Required 1 Required 2 Required 3 Prepare the balance sheet for Longhorn Corporation LONGHORN CORPORATION Balance Sheet Dec 31, 2021 Liabilities Assets Total liabilities Stockholders' Equity 0 Total stockholders equity Total abilities and stockholders' equity S Total assets 0 $ 0 (Required 2