prepare income stament retained earnigns and balance sheet

2021. Ce aus S. use USR Sia, Rave Dey, out More info Ripley incurred, during that same year, salary expense of $31 million, rent expense of $25 million, and utilities expense of $18 million. Ripley declared and paid dividends of $15 million during the year. At December 31, 2021, Ripley had cash of $170 million, accounts receivable of $90 million, property and equipment of $33 million, and other long-term assets of $17 million At December 31, 2021, the company owed accounts payable of $59 million and had a long-term note payable of $29 million, Ripley began 2021 with a balance in retained earnings of $74 million. At December 31, 2021, Ripley had total stockholders' equity of $222 million, which consisted of common stock and retained earnings Ripley has a year-end of December 31 Print Done lyje During 2021, Ripley Company earned revenues of $148 million (Click the icon to view additional information.) Read the requirements Requirement 1. Prepare the income statement (with a proper heading) for 2021. (Enter all amounts in millions. If Ripley Company (millions) Revenue Expenses Net income (loss) Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2021 (Enter all amounts in (millions) 78"F Sunny During 2021, Ripley Company earned revenues of $148 million (Click the icon to view additional information.) Read the requirements Net income. ss) Requirement 2. Prepare the statement of retained earnings (with a proper heading) for 2021. (Enter all amounts in millions (millions) Add. Subtotal Less Requirement 3. Prepare the balance sheet (with a proper heading) for 2021. First prepare the balance sheet header, then complete the assets section of the statement. Finally, complete the liabilities and s title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet In the second part complet all applicable subtotal or total lines If an input field is not used in the table leave the field empty, do not select a label or enter a 78F Sunny DCO esc During 2021, Ripley Company earned revenues of $148 million (Cack the icon to view additional information) Read the requirements Less Requirement 3. Prepare the balance sheet (with a proper heading) for 2021 First prepare the balance sheet header, then complete the assets section of the statement Finally, complete the abilities and stockholders' equity title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet in the second part complete the labies and all applicable subtotal or total times. If an input field is not used in the table leave the field empty, do not select a label or enter a zero) Assets (millions) Liabilities Current assets: Current liabilities: Stockholders' equity Total assets Total liabilities and stockholders' equity 71177 0 de ly