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Su 'S Required information The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation

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Su 'S Required information The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10, een 130,000 4,000 20,000 200,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $115,000 10,000 9,000 3,000 20,000 100,000 40,000 300,000 200,000 10,000 20,000 3,000 $597,000 $597,000 O Interest Expense Totals 3,000 $597,000 $597,000 Required: 1. Prepare an income statement for the year ended December 31, 2021. FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2021 Expenses Total expenses 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2021 Assets Liabilities Current assets Current liabilities Total current assets Total current liabilities Total liabilities Long-term assets: Stockholders' Equity 0 Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity

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