Tar Heel Corporation provides the following information at the end of 2021. Salaries payable to workers at the end of the year Advertising expense for the year Building that has been purchased Supplies at the end of the year Retained earnings Utility expense for the year Note payable to the bank Service revenue recognized during the year Salary expense for the year Accounts payable to suppliers Dividende paid to shareholders during the year Common stock that has been issued, including $4,000 that was issued this year Cash remaining Interest expense for the year Accounts receivable from customers Retained earnings at the beginning of the year $ 2,800 9,900 75,000 4,100 41,000 5,500 22,500 66,900 26,200 7,200 (?) 23,000 4,700 1,850 12,700 28,050 Required: 1. Prepare the income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021. 3. Prepare the balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 2.1 2 D A S MacBook Air F2 F4 FS F6 77 $ % & 2 1. riepale ule HCM benen Ut ule ya HUU ULEI 31, 402I. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021. 3. Prepare the balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below. 5 Required 1 Required 2 Required 3 Book Print Prepare the income statement for the year ended December 31, 2021. erences TAR HEEL CORPORATION Income Statement For the year ondod December 31, 2021 Service Revenue $ 66,900 Expenses: Salaries Expense $ 26,200 Advertising Expense Utilities Expense Interest Expense Total Expenses Net Income 26,200 Required Required 2 > Connect Seved Ch #1-2parts 2 1. riepure uie IUI STILIUI uie yeur eu velenler 1, 2UZI. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021. 3. Prepare the balance sheet for the year ended December 31, 2021. Complete this question by entering your answers in the tabs below. mts Required 1 Required 2 Required 3 eBook Print Prepare the statement of stockholders' equity for the year ended December 31, 2021. eferences TAR HEEL CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2021 Common Stock Retained Earnings Total Stockholders Equity Beginning Balance Ending Balance