Requirement 1. Prepare the income statement of Post Shrub Garden Supply, Inc., for the year ended December 31, 2021. Let's begin the heading and then complete the rest of the statement. (If an input field is not used in the financial statements leave the field empty, do not select a label or enter a zero. Use parentheses or a minus sign to enter a net loss.) Revenue Expenses Net income (loss) Requirement 2. Prepare the company's statement of retained earnings for the year. Start with the heading and then complete the rest of the statement. (Include a subtotal after the "Add" line of the statement) Add: Subtotal Less Requirement 3. Prepare the company's balance sheet as of December 31, 2021, Start with the heading and then complete the rest of the statement. (Do not classify the balance sheet into current and long-term sections. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If an input field is not used in the financial statements leave the field empty, do not select a label or enter a zero) Assets Liabilities Stockholders' Equity Total assets Total liabilities and stockholders' equity Requirement 4. Analyze Post Shrub Garden Supply, Inc. by answering these questions: a. Was Post Shrub profitable during 2021? By how much? Result of operations b. Did retained earnings increase or decrease? By how much? Retained earnings c. Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Shrub's assets: its creditors or its stockholders? exceeds Post Shrub's assets. own more of