In addition, the company had common stock of $34,000 at the beginning of the year anc issued an additional $3,400 during the year. The company also had retained earnings of $17,100 at the beginning of the year. 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. Complete this question by entering your answers in the tabs below