The assets and liabilities of Post Plant Garden Supply, Inc., as of December 31, 2021, and revenues and expenses for the year ended on that date are as follows: (Click the icon to view the account totals.) Read the requirements. Requirement 1. Prepare the income statement of Post Plant Garden Supply, Inc., for the year ended December 31, 2021. Let's begin the heading and then complete the rest of the statement. (If an input field is not used in the financial statements leave the field empty, do not select a label or enter a zero. Use parentheses or a midus sign to enter a net loss.) Data table Equipment $ 113,000 Land $ 20,000 Interest expense 11,000 Note payable 99,200 Property tax Interest payable 2,600 expense 7,300 Accounts payable 29,000 Rent expense 40,000 Salary expense 108,200 Accounts receivable 84,500 Building 402,000 Service revenue 453,600 Cash 48,000 Supplies 6,100 Common stock 9,500 Utilities expense 8,700 Beginning retained earnings was $364,900, and dividends declared and paid totaled $110,000 for the year. Read the requirements. Revenue: Expenses: Income Statement Requirement 2. Prepare the company's statement of retained earnings for the year. Start with the heading and then complete the rest of the statement. (Include a subtotal after the "Add" line of the statement.) Requirement 3. Prepare the company's balance sheet as of December 31, 2021. Start with the heading and then complete the rest of the statement. (Do not classify the balance sheet into current and long-term sections. In the first part the assets section of the balance sheet. In the second part complete the liabilities and stockholders' equity section of the balance sheet. If an input field is in the financial statements leave the field empty, do not select a label or enter a zero.) Requirement 4. Analyze Post Plant Garden Supply, Inc., by answering these questions: a. Was Post Plant profitable during 20217 By how much? Result of operations: of b. Did retained earnings increase or decrease? By how much? Retained earnings by c. Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Plant's assets: its creditors or its stockholders? b. Did retained earnings increase or decrease? By how much? Retained earnings by c. Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Plant's assets: its creditors or its stockholders? exceeds Post Plant's assets. by own more of