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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:
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: In addition, the company had common stock of $34,000 at the beginning of the year and 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
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