The following items are taken from the adjusted trial balance (assume normal balances) of the Dinkel Company for the year ending December 31, 2022. On a separate piece of paper, answer the following questions. Accounts payable 22,000 Note payable, due 12/31/24 80,000 Accounts receivable 9,000 Prepaid insurance (6-month policy) 5,000 Accumulated depreciation- 26,000 Rent expense 18,000 equipment Advertising expense 19,000 Retained earnings (1/1/22) 62,000 Cash 16,000 Salaries expense 30,000 Common stock 55,000 Service revenue 125,000 Dividends 15,000 Supplies 3,000 Depreciation expense 11,000 Supplies expense 5,500 Equipment 230,000 Patent 20,000 Insurance expense 3,500 Wages payable 15,000 1) What is Net Income for the year? 2) What is Ending Retained Earnings (12/31/22)? 3) What are Total Current Assets? 4) What is the Book Value of the Equipment? 5) What type of asset is the Patent account? 6) What are Total Assets (the amount reported as Total Assets on the Balance Sheet)? 7) What are Total Current Liabilities? 8) What are Total Long-term Liabilities? 9) What are Total Liabilities? 10) What is Ending Stockholder Equity (12/31/22)? BONUS: (10 points) Prepare a Classified Balance Sheet in proper format on proper accounting paper. (see page 4-19 in ; your text)