On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $82,000 1,850 2,750 Rent expense Salaries expense Supplies expense 11,300 31,000 18,000 In addition, the balance of common stock at the beginning of the year was $550,000, and the balance of retained earnings was $46,000. During the year, the company issued additional shares of common stock for $32,000 and paid dividends of $24,000. Required: 1. Prepare an income statement. 2. Prepare a statement of stockholders' equity. Stmt of Income Statement Stockholders Equity Prepare an Income Statement. FIGHTING OKRA COOKING SERVICES Income Statement For the Year Ended December 31, 2021 Expenses: Total Expenses Complete this question by entering your answers in the tabs below. Stmt of Income Statement Stockholders Equity Prepare a statement of Stockholders' Equity. FIGHTING OKRA COOKING SERVICES Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Retained Earnings Total Stockholders' Equity Beginning Balance Ending Balance