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HELP PLEASE. the red boxes are incorrect 6 7 8 9 Credit 10 11 12 $2,680 13 14 $710 15 16 17 $10,800 18 Blue

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HELP PLEASE. the red boxes are incorrect
6 7 8 9 Credit 10 11 12 $2,680 13 14 $710 15 16 17 $10,800 18 Blue Spruce Corp Adjusted Trial Balance 3/31/22 Debit Cash $72,330 Accounts Receivable $29,600 Allowance for Doubtful Accounts Equipment $11,000 Accumulated Depreciation-Equipment Land $20,000 Buildings $109,000 Accumulated Depreciation-Buildings Patents $8,925 Accounts Payable Unearned Service Revenue Income tax payable Common Stock Retained Earnings Service Revenue Other Operating Expenses $95,600 Depreciation Expense $1,710 Amortization expense $75 Baddebt expense $1,380 Income tax expense $21,521 Loss on Disposal of Plant Assets $900 Totals $372,041 19 20 21 $2,250 $7,000 $21,521 $83.000 $72,680 $171,400 22 23 24 25 26 27 28 29 30 31 $372,041 Blue Spruce Corp. Income Statement For the Quarter Ended 3/31/22 Service Revenue 171400 Operating Expenses Depreciation Expense 1710 75 Amortization Expense Bad Debt Expense 1380 95600 Other Operating Expenses 98765 Total Operating Expenses 72635 Income from Operations Income from Operations 72635 Other Expenses and Losses Loss on Disposal of Plant Assets 900 i Income Before Taxes 71735 Income Tax Expense 21521 $ Net Income /(Loss) 50214 Blue Spruce Corp. Retained Earnings Statement For the Quarter Ended 3/31/22 Retained Earnings, 1/1/22 $ 72680 Add : Net Income /(Loss) 50214 $ 122894 Retained Earnings, 3/31/22 e Textbook and Media Total Current Assets Property. Plant and Equipment Land Buildings 109000 Less: Accumulated Depreciation Buildings (10600) Equipment 11000 Less Accumulated Depreciation Equipment (7101 Total Property. Plant and Equipment Intangible Assets Patents Total Assets Ilahilities and Stockholders' Equity 99250 . 20000 109000 ings (10800) 98200 Poep 11000 (710) 10290 ment 125490 8925 $ 236665 or Faulty

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