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Pregat Boilermaker Unlimited specializes in building new homes and remodeling existing homes, Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating

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Pregat Boilermaker Unlimited specializes in building new homes and remodeling existing homes, Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms Below is the year-end adjusted trial balance of Boilermaker Unlimited. BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Credits Cash $ 16,000 Accounts Receivable 25,000 32,000 Insurance 7,000 625,000 Accumulated Depreciation $ 200,000 Accounts Payable 31,000 Salaries Payable 28,000 Utilities Payable 5,000 Notes Payablo (due in 5 years) 150,000 Common Stoek 200,000 Retained Earnings 31,000 Dividenda 26,000 Service Revenue-new construction 450,000 Service Revenue-remodeling 280,000 Salaries Expense 160.000 Supplies Expense 285,000 Depreciation Expense 50,000 Insurance Expense 25,000 Utilities Expense 42.000 Interest Expense 9,000 Service Fee Expense 73.000 Totale $1,375,000 $1,375,000 Required: 1. Prepare an income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021, note that during the year the company issued additional common stock for $30,000. This amount is included in the amount for Common Stock in the adjusted trial balance 3. Prepare the classified balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an income statement for the year ended December 31, 2021. BOILERMAKER UNLIMITED Income Statement For the Year Ended December 31, 2021 Service Revenues Dror 4 of 13 Next >

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