The adjusted trial balance of Homestyle Hams Inc. follows. (Click the icon to view the adjusted trial balance.) Prepare Homestyle Hams's income statement and statement of retained earnings for the year ended December 31, 2020, and its balance sheet on that date. Let's start with the income statement. Prepare the income statement header, and then complete the income statement. (Use parentheses or a minus sign for a net loss.) Revenues: Expenses: (Thousands) The adjusted trial balance of Homestyle Hams Inc. follows. Revenues: Expenses: (Thousands) Net income (loss) Prepare the Homestyle Hams, Inc. statement of retained earnings for the year ended December 31, 2020. Prepare the statement of retained earnings header, and then complete the statement. (Complete all answer boxes.) Prepare the Homestyle Hams, Inc. statement of retained earnings for the year ended December 31, 2020. Prepare the statement of retained earnings header, and then complete the statement. (Complete all answer boxes.) (Thousands) Add: Less: Prepare the Homestyle Hams Inc. balance sheet at December 31, 2020. First prepare the balance sheet header, then complete the assets section of the statement, and finally complete the liabilities and shareholders' equity section of the statement. Assets (Thousands) Total liabilities Liabilities Shareholders' Equity Total assets Total shareholders' equity Total liabilities and shareholders' equity Adjusted trial balance Homestyle Hams Inc. Adjusted Trial Balance December 31, 2020 (Amounts in thousands) Adjusted Trial Balance Account Debit Credit Cash S 3,700 Accounts receivable 1,300 Inventories 1,700 Prepaid expenses 1,800 Capital assets 6,500 Accumulated depreciation 2,100 Other assets 9,000 Accounts pavable 7 700 Adjusted trial balance ||Accumulated depreciation Other assets Accounts payable Income tax payable Other liabilities Share capital Retained earnings (December 31, 2019) Dividends Sales revenue Cost of goods sold Selling, administrative, and general expense Income tax expense Total 2,100 9,000 7,700 800 2,200 4,500 4,100 1,600 43,300 25,500 10,900 2,700 S 64,700||$ 64,700