The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Credits Debits 49,200 295,000 9,500 44,000 540,000 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 226,000 58,000 42,000 6,900 1,400 400,000 120,000 690,000 414,000 103,500 28,500 54,000 2,800 3,800 1,544,300 1,544,300 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Prepare an income statement for the year ended December 31, 2021. BLUEBOY CHEESE CORPORATION Income Statement For the Year Ended December 31, 2021 Req la Req 1A Req 1B Reg 18 Reg 2 Req 2 Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) BLUEBOY CHEESE CORPORATION Balance Sheet At December 31, 2021 Assets 2. Prepare the necessary closing entries at December 31, 2021. & Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 .................. Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date General Journal Debit Credit