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The adjusted trial balance for the year of Nicholl Corporation at October 31, 2021, follows. (Click the icon to view the adjusted trial balance.)

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The adjusted trial balance for the year of Nicholl Corporation at October 31, 2021, follows. (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare Nicholl Corporation's 2021 single-step income statement, statement of retained eamings, and balance sheet. Begin by preparing Nicholl's 2021 income statement. (Check your spelling carefully and do not abbreviate. Use only the account names provided in the adjusted trial balance.)) Nicholl Corporation Income Statement Year Ended October 31, 2021

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