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 $ 1,300 Service revenue 25,500 cost of goods sold (food expense) 3.700 Buildings 1,900 Supplies 4,800 salaries payable 564,200 52,700 33,000 2,700 902 In addition, the company had common stock of $33,000 at the beginning of the year and issued an additional $3,300 during the year, The company also had retained earnings or $16,800 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 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare the statement of stockholders' equity for Longhorn Corporation LONGHORN CORPORATION Statement of Stockholders' Equity For the year ended Dec 31, 2021 Common Stock Retained Earnings Total Stockholders Equity Beginning balance Ending balance