Requirements to be completed: Requirement 1 Record the necessary journal entries for 2022. 2 Prepare the Income Statement for the year 2022. 3 Prepare the Statement of Retained Earnings for the year 2022. 4 Prepare the classified Balance Sheet as of December 31, 2022, and be sure to include all appropriate subheadings (i.e., Current Assets, Long-Term Assets, Intangible Assets, Current Liabilities, and Long-Term Liabilities). 5 Show full calculation work! Please round your calculated answers to the closest dollar and ignore taxes.