Prepare an adjusted trial balance at March 31. (Round answers to 0 decimal places, eg. 5,275.) Grouper Corp. Adjusted Trial Balance 3/31/22 Debit Credit cash cash $ 0 2 0300 $ 90300 Accounts Receivable 28700 2368 2368 Allowance for Doubtful Accounts Equipment Equipment C 1 3000 13000 C Accumulated Depreciation-Equipment 2570 Land 20000 Buildings 124000 Accumulated Depreciation-Buildings 11900 Patents 8925 Accounts Payable 2200 Unearned Service Revenue 8000 Unearned Service Revenue 8000 Income Taxes Payable Income Taxes Payable 26777 Common Stock 90000 Retained Earnings 78630 Service Revenue 191600 Other Operating Expenses 98100 981000 Depreciation Expense 1820 Loss on Disposal of Plant Assets 880 Amortization Expense 75 Bad Debt Expense 1468 1468 6777 Income Tax Expense Income Tax Expense D 2 414045 414045 Prepare an income statement for the quarter ended March 31, 2017. (Round answers to 0 decimal places, eg. 5,275.) Grouper Corp. Income Statement For the Quarter Ended 3/31/22 - Service Revenue 191600 Operating Expenses Other Operating Expenses Other Operating Expenses C 2 98100 8100 i Depreciation Expense 1820 Amortization Expense Amortization Expense Bad Debt Expense 75 i 1968 : Bad Debt Expense C 1468 Total Operating Expenses 101463 i Income from Operations - 90137 Other Expenses and Losses Loss on Disposal of Plant Assets 880 Loss on Disposal of Plant Assets 880 Income Before Taxes 89257 Income Tax Expense 26777 i Net Income /(Loss) 62480 Loss on Disposal of Plant Assets 880 Income Before Taxes 89257 Income Tax Expense 26777 i Net Income /(Loss) 62480 Prepare retained earnings statement for the quarter ended March 31, 2022. (Round answers to 0 decimal places, e.g. 5,275.) Grouper Corp. Retained Earnings Statement For the Quarter Ended 3/31/224 Retained Earnings, 1/1/22 - 78630 Add 4) : Net Income / (Loss) 4 6 62480 2480 Retained Earnings, 3/31/224 141110 Prepare a classified balance sheet at March 31, 2022. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Equipment and Buildings. Round answers to 0 decimal places, e.g. 5,275.) Grouper Corp. Balance Sheet Assets $ Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity