Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Debits Credits $19,000 7,800 Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals 3,800 14,000 $ 4,600 6,600 24,000 9,400 $44,600 $44,600 The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to customers, $58,000, of which $20,800 is on account. 2 Collect on accounts receivable, $17,800. 30 Issue shares of common stock in exchange for $4,000 cash. 1 Pay salaries of $6,600 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,800. 6. October 19 Purchase equipment for $7,800 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. int rences 8-b. Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) Assets Current Assets: Total Current Assets Long-term assets: RED STORM CLEANERS Balance Sheet. December 31, 2021 Liabilities Current Liabilities: Stockholders' Equity 0 Total Stockholders' Equity 0 Total Assets $ 0 Total liabilitios and Stockholders' Equity $