The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10, 200 132,000 4,200 21,000 220,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 $643, 600 $643, 600 2. Prepare a statement of stockholders' equity for the year ended December 31, 2021, assuming no common stock was issued during 2021 FIGHTIN' BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Retained Total Stock Stockholders Earnings Equity $ 22,000 $ 42,000 $ 64,000 63,800 Balance at January 1 Add: Not Income Less: Dividends Balance at December 31 4,200 21,000 220,000 Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $117,000 10,200 9,200 3,200 22,000 120,000 42,000 320,000 220,000 11,000 22,000 3,200 $643, 600 $643, 600 3. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Shoot December 31, 2021 Assets Liabilities $ Current assets: Cash Accounts Receivable Prepaid Rent Supplies Current liabilities: 10.2001 132,000 4,200 21,000 Total current assets 167,400 Total current liabilities 0 Total liabilities 0 Long-term assets Stockholders' Equity 0 Total long-term assets Total assets 0 Total stockholders' equity 167,400 Total liabilities and stockholders' equity $ $ 0