The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented Credits Debits 38,800 310,000 11,000 46,000 560,000 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 les dernier 234,000 64,000 48,000 7,100 1,600 400,000 130,000 710,000 426,000 106,500 33,000 56,000 3,200 4,200 1,594,700 1,594,700 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 an income statement for the year ended December 31, 2021. 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 Reg 18 > Req 1A Req 1B Req 2 Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated BLUEBOY CHEESE CORPORATION Balance Sheet At December 31, 2021 Assets Liabilities and Shareholders' Equity Reg 1 Req 18 Reg 2 | Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No journal er required" in the first account field.) View transaction list Journal entry worksheet