The following is the adjusted trial balance for Big O Ltd as of September 30, 2021. Big O Ltd Adjusted Trial Balance September 30, 2021 Account DR CR 147,000 358,725 $ $ 450,000 $ 1,000,000 Cash Accounts Receivable Supplies Prepaids Land Equipment Accumulated Depreciation - Equipment Accounts Payable Unearned Revenue Salaries Payable Interest Payable Notes Payable Common Shares Dividends Declared Retained Earnings 250,000 185,650 - 0 0 $ $ 398,000 50,000 $ 10,000 $ 85,250 $ 2,100,650 Revenue Salaries Expense Utilities Expense Depreciation Expense Interest Expense Insurance Expense Supplies Expense NGA A A A 255,000 150,075 275,000 32,500 $ $ $ 391,250 $ 3,069,550 $ 3,069,550 Other Information to note is the taxes are as follows: $1.00 to $500,000 is 22.5% $500,001 to $750,000 is 25% $750,001 to $1,000,000 is 30% Over $1,000,000 is 50% (Hint: pick the amount that matches what your net income ie. $505,000 taxes are 25%) (Hint: pick the amount that matches what your net income le $505.000 taxes are 25%) Required: 1. Prepare the following statements: a. Statement of Earnings (10 marks) b. Statement of Retained Earnings (2 marks) C. Statement of Financial Position (18 marks) I have enclosed the following templates for each of the statements you need to complete. Please note that certain information has not been included in the template that you will have to insert. (proper presentation of statement) FYI: Left click on the templates and copy and paste into the answer section to make it easier and can enter your information right into that template Assets Cash Accounts Receivable Supplies Expense Prepaids A A A A $ $ $ $ Land Equipment Accumlulated Depreciation SA SA $ $ $ $ Total Assets $ $ Current Liabilities Accounts Payable Unearned Revenue Salaries Payable Interest Payable Income Tax Expense A A A A A A Long-term Liabilites Notes Payable $ achminen od eumit Chick Sme All Answers to save all answers. View Habary Bockmaria Protesta Wind Help * Welcome AD A board Windsor cabofaunched_46291_3__88438 LWL-MUBA 400 Cew Carwal Meaning in the 136 Income The Not Income 5 Balance to be 1.2021 Add: Net Income Lus:Dividende Balance, September 30, 2021 Perth TFDOWA BV 0021 OUTLL 400 ROCK wa S 4 5 6 7 8 w E R T Y U S D F G H