The accountant for Meiller Merchants Inc is completing the last few adjusting Journal entries for the fiscal year ended December 31, 2021 Some items remain outstanding and a few calculations need to be made before the financial statements can be prepared Meiller Merchants prepares an all-inclusive statement of comprehensive income. The following is a partial list of the general ledger account balances. Cash Dividers - Preferred $1.700 Interest expense 2.170 Cost of goods sold 234,500 208.000 Retained earnings Jan. 1 Cash Dividends-Common 4,500 Rent revenue 1.900 Sales 390.200 940 interest revenue Operating expenses 58.670 1 Meilleur's income tax rate is 30%. 2 During the year. Meilleur disposed of its financing division, which was not worth continuing. Prior to the sale the division operated at a loss before tax of $14,000. The loss on the sale of the division was $24.000 before taves Meilleur's accountant found an error in the amount used to record salaries expense for the year ending December 31, 2010 The expense had been overstated by $4,100 3 Prepare the journal entry for the income tax expense for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Date Account Titles and Explanation Debit Credit Dec 31 Income Tax Expense Income Tax Payable Prepare an adjusting Journal entry for the correction of the error. (Credit account titles are automatically indented when the amounts entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Date Account Titles and Explanation Debit Credit Dec 31 Prepare an all-inclusive statement of comprehensive income for the year ended December 31, 2021. Round answer to decimal ploc, 5.276) MEILLEUR MERCHANTS INC. Income Statement Year Ended December 31, 2021 Cast of Goods Sold Grau Proh/t.com Cerberos Om Piatro Continuing Operations