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 $ 65,000 42,800 145,900 124,000 145,000 0 156,700 12,100 31,500 19,200 44,300 Office Expense 16,300 Prepaid Rent 9,000 Retained Earnings (beginning) 16,300 Salaries and Wages Expense 37,700 Service Revenue 177,800 Utilities Expense Salaries and Wages Payable 27,100 28,000 Interest Expense Inventory Notes 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 $ 41,000 47,300 13,000 72,400 107,200 177,000