Required information [The following information applies to the questions displayed below.) The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable Office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expense Salaries and Wages Payable Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 63,000 40,800 140,900 120,000 147,000 0 154,700 11,900 31,300 19,000 41,900 16,100 8,800 15,300 37,500 173,800 26,900 26,000 $ 39,000 44,900 12,800 70,400 104,800 173,000 1. Prepare an income statement for 2021. NICE BITE, Incorporated Income Statement 0 0 2. Prepare a statement of retained earnings for 2021. NICE BITE, Incorporated Statement of Retained Earnings Retained Earnings, January 1, 2021 Add: Net Income Retained Earnings, December 31, 2021 3. Prepare a balance sheet for 2021. NICE BITE, Incorporated Balance Sheet