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Tibra Inc.'s trial balance Tibra contained the following accounts at December 31, 2021, the end of the company's fiscal year. Accounts Balances ($) Accumulated Depreciation-Building.

Tibra Inc.'s trial balance Tibra contained the following accounts at December 31, 2021, the end of the company's fiscal year.

Accounts Balances ($)

Accumulated Depreciation-Building. 128000

Accumulated Depreciation-Equipment.. 35000

Additional Paid in Capital-Common Stock.. 233000

Auditors Fee . . . . . . .. .. .. .. 204000

Buildings. . . . . . .. .. .. .. ... 403000

Cash . . . . . . .. .. .. .. .. . 177560

Common Stock ($2 each). . . . . .. 101000

Cost of Goods Sold . . . . .. . . 1091000

Equipment . . . . . . .. .. .. .. 214000

Interest Expense . . . . . . .. .. . 22800

Loss on Sale of Property . . . . . . 7360

Merchandise Inventory . . . . . . 230000

Mortgage Loan . . . . . . . . 118000

Rent Revenue . . . . . . . . . 53000

Retained Earnings . . . . . . . 51100

Salaries and Wages Expense . . . . . 104000

Sales . . . . . . .. .. . . . . 1750000

Sales Returns and Allowances . . . 9180

Supplies . . . . . . .. . . . . 6200

Additional Data:

1. Physical check on December 31, 2021, reveals that inventory actually on hand is $219000.

2. Buildings are being depreciated @10 % under straight line method,Equipment is being depreciated @20% under declining balance method.

3. Supplies on hand totaled $2500 on December 31, 2021,

4. $0.30000000000000004 dividend per share was declared.

5. The company is under the 20% tax bracket.

Prepare the followings: (a) Multi Step income statement; (b) Stockholder_s Equity Statement (c) Classified Balance Sheet as at December 31, 2021

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