The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Accounts receivable Prepaid rent Inventory office equipment Acumulated depreciation Accounts payable Notes payable (due in six months) Galarien payable Interest payable Common stock Retained earnings Sales revenue Cout of goods sold salaries expense ant expense Depreciation expense Interest expense Advertising expense Total Dabit Credits 60,400 265,000 6,500 38,000 480,000 202,000 46,000 24,000 6,300 800 400,000 85,000 630,000 378,000 94,500 19,500 48,000 1,600 2,600 1,394,100 1,394,100 ces 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. Reg IA Reg 18 Reg 2 Prepare an income statement for the year ended December 31, 2021. Req 1A Reg 1B Reg 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 int ances Liabilities and Shareholders' Equity