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Revenue Expenses Brewster incurred, during that same year, salary expense of $28 million, rent expense of $23 million, and utilities expense of $19 million Brewster
Revenue Expenses Brewster incurred, during that same year, salary expense of $28 million, rent expense of $23 million, and utilities expense of $19 million Brewster declared and paid dividends of $15 million during the year. At December 31, 2021, Brewster had cash of $175 million, accounts receivable of $85 million, property and equipment of $39 million, and other long-term assets of $25 million. At December 31, 2021, the company owed accounts payable of $56 million and had a long-term note payable of $33 million, Brewster began 2021 with a balance in retained earnings of $76 million At December 31, 2021, Brewster had total stockholders' equity of $235 million, which consisted of common stock and retained earnings. Brewster has a year-end of December 31 repare the Requirements Prepare the following financial statements (with proper headings) for 2021 1. Income statement 2. Statement of retained earnings, and 3. Balance sheet -Xsed in the in During 2001, wter Company seeds of $140 mi O Requirement 1. Prepare the income start with a proper headed 2821 the come Expe Net income does nicol
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