Problem 3-5A Prepare financial statements from an adjusted trial balance when net income is positive (LO3-5) 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 $ 14,900 Accounts Receivable 25,100 Supplies 32,100 Prepaid Insurance 5,900 Equipment 487,500 Accumulated Depreciation $ 156,000 Accounts Payable 29,900 Salaries Payable 26,900 Utilities Payable 3,900 Notes Payable (due in 5 110,000 years) Common Stock 145,000 Dividends Retained Earnings Service Revenue-new construction Service Revenue- remodeling 38,100 24,900 395,000 281,000 Salaries Expense 149,000 Supplies Expense 274,000 Depreciation Expense 39,000 Insurance Expense 23,900 Utilities Expense 40,900 Interest Expense 6,600 Service Fee Expense 62,000 Totals $1,185,800 $1,185,800 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 $19,000. 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.