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Required information The following information applies to the questions displayed below) The December 31, 2021. adjusted trial balance for Fightin' Blue Hens Corporation is presented

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Required information The following information applies to the questions displayed below) The December 31, 2021. adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Account Debit Credit Cash 6 10,600 Accounts receivable 136.000 Prepaid Rent 4,600 Supplies 25,000 Equipment 260.000 Accumulated Depreciation $121,000 Accounts Payable 10.600 Salaries Payable 9.600 Interest Payable 3,600 Notes Payable (due in two years) 26,000 Common Stock 160,000 Retained warninga 46.000 Service Revenue 360,000 Salaries Expense 260,000 Rent Expense 13,000 Depreciation Expense 26,000 Interest Expense 3.600 Totals 5736,800 5736,800 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 Service Revenue $360,000 Common Stock PAccumulated Depreciation 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 Service Revenue $ 360,000 Common Stock Accumulated Depreciation Expenses: Salaries Expense $ 260,000 Rent Expense 13,000 Depreciation Expense 26,000 Interest Expense 3,600 Cash Equipment Total expenses 302,600

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