Prepare the stockholders' equity financial statement for the year ended of December 31, 2021, using the information Tar Heel Corporation provided at the end of 2021.

Problem 1-5B Prepare financial statements (L01-3) Tar Heel Corporation provides the following information at the end of 2021. 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 $4,000 that was issued this year Cash remaining Interest expense for the year Accounts receivable from customers Retained earnings at the beginning of the year $ 1,600 8,700 63,000 2,900 33,800 4,300 16,500 60,900 25,000 6,000 (?) 23,000 3,500 1,250 11,500 21,450 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. Check my work we IUILINUIUIIL OLIVILI y IIULU Complete this question by entering your answers in the tabs below. 1.4 points Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for the year ended December 31, 2021. eBook Ask TAR HEEL CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2021 Print References Common Stock Common Stock Retained Earnings Total Stockholders' Equity Beginning Balance Ending Balance Required 1 Required 3 >