Required information Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) [The following information applies to the questions displayed below.) The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Supplies Accounts Debit Cash $ 11,900 Accounts Receivable 149,000 Prepaid Rent 5,900 29,500 Equipment 390,000 Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense 390,000 Rent Expense 19,500 Depreciation Expense 39,000 Interest Expense 4,900 Totals $1,039,700 $ 134,000 11,900 10,900 4,900 39,000 290,000 59,000 490,000 $1,039, 700 Exercise 3-16A Part 1 Required: 1. Prepare an income statement for the year ended December 31, 2021. FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2021 Expenses: Total expenses