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II. Financial Statements (12 points) The comparative balance sheet for Earthwork Company is presented below Earthwork Company Comparative Balance Sheet December 31, 2021 and 2020

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II. Financial Statements (12 points) The comparative balance sheet for Earthwork Company is presented below Earthwork Company Comparative Balance Sheet December 31, 2021 and 2020 12/31/2021 $42.000 Assets Cash Supplies Land Equipment 12/312020 $35.000 8,000 60,000 20,000 60.000 22.500 Liabilities and Stockholders' Equity Accounts payable 533,400 $23.500 Notes payable 30.000 26,000 Common stock 50.000 50,000 Retained earnings 36.000 2 Addit information for Earthwork's 2021 operations revealed that the company had revenues of $65.000 for the year and no dividends were paid. Based on this information, compute the account balances below. a Supplies balance at 12/31/21 b. Total Assets as of 12/3121 c. Total Current Assets as of 12/31 20 d Retained Earnings balance at 12/31/20 Total expenses incurred for 2021

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