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In the space below, you are to prepare in proper format: an income statement for Harvest Inc. for the year ended December 31, 2021 (17

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In the space below, you are to prepare in proper format: an income statement for Harvest Inc. for the year ended December 31, 2021 (17 marks) a statement of changes in equity for Harvest Inc. for the year ended December 31, 2021 (12 marks) a balance sheet (statement of financial position) for Harvest Inc. at December 31, 2021 (36 marks) . . There is a separate grid below for each of the three statements. There are extra rows in each grid. You can click on a grid to make the grid larger on your screen. Harvest Inc. December 31, 2021 Accounts payable Accounts receivable Accumulated depreciation building Building Cash Common shares Depreciation expense Dividends declared income tax expense Interest expense Interest payable Land Mortgage payable Operating expenses Retained earnings, January 1 Salaries expense Salaries payable Sales revenue Supplies expense Supplies inventory Total 3,500 8,000 96,000 250,000 4,000 5,000 8,000 4,000 20,000 6,000 500 100,000 120,000 40,000 30,000 55,000 5,000 240,000 4,000 1,000 * Additional information 1. Common shares of $600 were issued during the year. 2. $10,000 of the mortgage payable must be paid in 2022. Lato (Recom. 10px 7 US LIABILITIES: Non current liabilities: Mortgage payable (120000-10000) 110000 Current liabilities: 10000 Mortgage payable Accounts payable Interest payable Salaries payable 3500 500 5000 Total current liabilities Long-term liability: Total equity and liabilities SHAREHOLDERS' EQUITY 267000 Total Shareholders' equity

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