The adjusted trial balance for the year of Smith Corporation at October 31, 2021, follows. (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare Smith Corporation's 2021 single-step income statement, statement of retained earnings, and balance sheet. Begin by preparing Smith's 2021 income statement. Smith Corporation Income Statement Year Ended October 31, 2021 Income before tax Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.) Smith Corporation Statement of Retained Earnings Year Ended October 31, 2021 Add: Subtotal Less Prepare the balance sheet. (If an input field is not used in the balance sheet leave the field empty, do not select a label or enter a zero. Do not classify the bala Smith Corporation Assets Balance Sheet October 31, 2021 Liabilities Now prepare the statement of retained earnings. (Include a subtotal after the "Add" line of the statement.) Smith Corporation Statement of Retained Earnings Year Ended October 31, 2021 Add: Subtotal Less: Prepare the balance sheet. (If an input field is not used in the balance sheet leave the field empty; do not select a label c Smith Corporation Less: Balance Sheet October 31, 2021 Assets Liabilities Stockholders' Equity Requirement 2. Smith's lenders require that the company maintain Data table Smith Corporation Adjusted Trial Balance October 31, 2021 Account Debit Credit Cash $ 14,000 Accounts receivable 19,100 Supplies 2,200 Prepaid rent 1,100 Equipment 36,500 Accumulated depreciation -equipment $ 4,100 Accounts payable 8,800 Interest payable 1,050 Unearned service revenue 200 Income tax payable 2,400 Note payable 18,700 Common stock 13,000 Retained earnings 2,500 Dividends 5,000 Service revenue 95,550 Depreciation expense- equipment 1,000 Salary expense 39,800 Rent expense 11,200 Interest expense 3,200 Insurance expense 4,100. Supplies expense 2,100 Income tax expense 7,000 Total $146,300 $146,300 Has Print Done