Instructions: This take home portion of Exam II is due in class on Monday, March 20. You will need to hand in your prepared answer with your name on it. Neatness and professionalism in your presentation is required. One staple neatly at the top left is allowed (no clips). Problem I. Below is information related to Jay Hernandez, Inc. for the year ended, December 31, 2022. Various accounts are listed in alphabetical order. Instructions: a. Prepare a multi-step income statement for 2022 in proper form. Assume the tax rate is 30 percent and that there are 50,000 shares of common stock outstanding during 2022 . b. Prepare a retained earnings statement for 2022 in proper form. Instructions: This take home portion of Exam II is due in class on Monday, March 20. You will need to hand in your prepared answer with your name on it. Neatness and professionalism in your presentation is required. One staple neatly at the top left is allowed (no clips). Problem I. Below is information related to Jay Hernandez, Inc. for the year ended, December 31, 2022. Various accounts are listed in alphabetical order. Instructions: a. Prepare a multi-step income statement for 2022 in proper form. Assume the tax rate is 30 percent and that there are 50,000 shares of common stock outstanding during 2022 . b. Prepare a retained earnings statement for 2022 in proper form