The following items are taken from the financial statements of One Headlight Company for 2021: Accounts payable Accounts receivable Accumulated depreciation-equipment Unearned Rent Revenue Cash Salaries and Wages payable Common stock Depreciation expense Dividends Equipment Utilities expense Insurance Expense Repairs Expense Service Revenue Retained earnings, January 1 Salaries and wages expense Rent Revenue $18,300 11,700 17,600 5,000 10,100 12,000 12,000 3,600 12,000 66,000 2,000 2,200 1,800 68,000 31,500 37,000 12,000 Instructions (a) Prepare an income statement and a retained earnings statement for the year ended December 31, 2021.