Pailldl vous attempt Vio 2 Tar Heel Corporation provides the following information at the end of 2021. 10 points Print References Salaries payable to workers at the end of the year Advertising expense for the year Building that has been purchased Supplies at the end of the year Retained earnings Utility expense for the year Note payable to the bank Service revenue recognized during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued, including $6,000 that was issued this year Cash remaining Interest expense for the year Accounts receivable from customers Retained earnings at the beginning of the year $ 3,300 10,400 80,000 4,600 40,000 6,000 25,000 69,400 26,700 7,700 (?) 27,000 5, 200 2,100 13, 200 26,800 Required: 1. Prepare the income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021. 3. Prepare the balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below. 2 Required 1 Required 2 Required 3 Prepare the income statement for the year ended December 31, 2021. ts TAR HEEL CORPORATION Print Income Statement For the year ended December 31, 2021 Service Revenue $ ferences 69,400 $ Expenses: Advertising Expense Utilities Expense Salaries Expense Interest Expense 10,400 6,000 26,700 2,100 Total Expenses 45,200 24,200 Net Income $