Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31, 2021, the company reports the following amounts: Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,3ee Service revenue 28.5e Cost of goods sold (food expense) 4,380 Buildings 2,500 Supplies 5,400 salaries payable $67, 2ee 53,300 39,000 3,300 90e In addition, the company had common stock of $39.000 ot the beginning of the year and issued an additional $3,900 during the year The company also had retained earnings of $18,000 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 Required 1 Required 2 Required 3 Prepare the income statement for Longhorn Corporation. LONGHORN CORPORATION Income Statement For the year ended Dec. 31, 2021 Expenses A Total expenses Prey 1 of 2 Next > arch o e x & 3. K Part 2 Help Save & Exie Check Required 1 Required 2 Required Prepare the income statement for Longhorn Corporation LONGHORN CORPORATION Income Statement For the year ended Dec 31, 2021 Accounts payable Buildings Cash Cost of goods sold Totale Prey 1 of 2 Next > arch a O c 3 5 6 7 20 8 9 R U G . . L i Check my wor Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Longhorn Corporation LONGHORN CORPORATION Statement of Stockholders' Equity For the year ended Dec 31, 2021 Retained Common Stock Earnings Total Stockholders Equity Beginning balance Ending balance www LONGHORN CORPORATION Balance Sheet Dec. 31, 2021 Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets