The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Credits Debits 65,800 255,000 5,500 36,000 460,000 Account Title Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation Accounts payable Notes payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals 194,888 42,800 18,888 6,180 600 400,eee 75, eee 610, eee 366,080 91,500 16,500 46,080 1,200 2,200 1,345, 780 1,345,700 Required: 1-a. Prepare an income statement for the year ended December 31, 2021. 1-b. Prepare a classified balance sheet as of December 31, 2021. 2. Prepare the necessary closing entries at December 31, 2021. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2 Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted s BLUEBOY CHEESE CORPORATION Balance Sheet At December 31, 2021 Assets