On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $77,000 1,600 2,500 Rent expense Salaries expense Supplies expense 10,800 26,000 15,500 In addition, the balance of common stock at the beginning of the year was $300,000, and the balance of retained earnings was $36,000. During the year, the company issued additional shares of common stock for $27,000 and paid dividends of $14,000. Required: 1. Prepare an income statement. 2. Prepare a statement of stockholders' equity. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Stockholders Equity Prepare an Income Statement. FIGHTING OKRA COOKING SERVICES Income Statement For the Year Ended December 31, 2021 Expenses: Total Expenses