The following are the account balances for Omega Corporation at the end of the fiscal year, December 31, 2021:

Service Revenue: $30,000

Salaries Expense: $6,000

Rent Expense: $3,500

Utilities Expense: $1,200

Interest Expense: $400

Depreciation Expense: $2,000

Common Stock: $15,000

Retained Earnings: $10,500

Accounts Receivable: $4,000

Accounts Payable: $2,000

Cash: $2,000

Equipment: $7,000

Accumulated Depreciation: $3,000

Required:

Prepare an adjusted Trial Balance at December 31, 2021.

Prepare an Income Statement for the year ended December 31, 2021.

Prepare a Statement of Retained Earnings for the year ended December 31, 2021.

Prepare a classified Balance Sheet at December 31, 2021.

Prepare a Cash Flow Statement for the year ended December 31, 2021.