The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Cash Debits $ 25,700 Credits Accounts Receivable 16,500 Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals 14,200 159,000 $ 7,800 6,900 154,000 46,700 $215,400 $215,400 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $145,100, and on account, $57,700. 2. February 12 Collect on accounts receivable, $52,600. 3. April 4. May 5. July 25 Receive cash in advance from customers, $14,000. 6 Purchase supplies on account, $11,400. 15 Pay property taxes, $9,600. 6. September 10 Pay on accounts payable, $12,500. 7. October 31 Pay salaries, $134,600. 8. November 20 Issue shares of common stock in exchange for $38,000 cash. 9. December 30 Pay $3,900 cash dividends to stockholders. Insurance expired during the year is $8,100. Supplies remaining on hand at the end of the year equal $4,000. Provide services of $12,900 related to cash paid in advance by customers. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Post-closing Revenues: Zips Storage Income Statement For the Year Ended December 31, 2021 Total Revenues Expenses: Total Expenses < Trial Balance 0 0 $ 0 Balance Sheet > Post-closing Current Assets: Assets Total current assets Long-term Assets: Zips Storage Balance Sheet December 31, 2021 Liabilities Current Liabilities: Total Current Liabilities 0 Stockholders' Equity 0 0 0 0 0 Total Stockholders' Equity 0 $ 0 Total Liabilities and Stockholders' Equity $ 0 Balance Sheet > Total assets < Income Statement