income statement, statement of stockholders equity, balance sheet.

Orange Designs provides consulting services related to home decoration Orange Designs provides customers with recommendations for a full range of home decor, including window treatments, carpet and wood flooring, paint colors, furniture, and much more. Below is the year-end adjusted trial balance of Orange Designs. Ajuntad Tillance December 31, 2021 CAR Account Receivable Boppies Prepaid Rent Bulidings Accumulated Depreciation Accounts Payable Salarios Payable Ulitian Payable Notes Payable (dom in four years) Common Stock Retained Earnings Service Revenues salaries Expanse Hent Expense Depreciation Expense Supplies Expense Advertising pene Utilities Expanse Interest Expense Totale credit $ 4,800 3.600 1.800 5,800 100,000 9 20.000 2,800 3,800 1,000 18.000 48,000 14.000 115,600 41,800 17,200 6,800 7,800 12,800 11,800 1,800 9224,800 $224,800 Required: 1. Prepare an income statement for the year ended December 31, 2021 2. Prepare the statement of stockholders' equity, note that during the year the company issued additional common stock of $10,000. This amount is included in the amount for Common Stock in the adjusted trial balance B. Prepare the clossifled balance sheet'for the year ended December 31, 2021 Credits Debita $ 4,800 3,800 1,800 5,800 108,000 ORANGE DESIGNS Adjusted Trial Balance December 31, 2021 Accounts Cash Accounts Receivable Supplies Prepaid Rent Buildings Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in our years) Common Stock Retained Earnings Service Revenues Salaries Expense Rent Expense Depreciation Expense Supplies Expense Advertising Expense Utilities Expense Interest Expense Totals $ 20,800 2,800 3,800 1,000 18,000 48,000 14,800 115,600 41,800 17,800 6,800 7,800 12,800 11,800 1,800 $ 224,800 $ 224,800 Dannivad. Prepare an Income statement for the year ended December 31, 2021. ORANGE DESIGNS Incomia Statment For the Year Ended December 31, 2021 Expenses: $ 0 Total Expenses Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity, note that during the year the company issued additional common stock of $10,000. This amount is included in the amount for Common Stock in the adjusted trial balance. ORANGE DESIGNS Batment of Blockholder' Equity For the Year Ended December 31, 2021 Tet Ratinued Common Binck Stockholder Faringe Equity Balance at January 1 Balance at December 31 Required 1 Required 2 Required 3 Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be Indicated by a minus slgn.) Assets Llabilities Current Assots: Current Liabilities: $ 0 Total Current Assets Long-term Assots: 0 Total Current Liabilities Long-term Liabilities: Total Liabilities 0 Stockholders' Equity 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ Total Assets 0 $