Tar Heel Corporation provides the following information at the end of 2021. Required: 1. Prepare the income statement for the year ended December 31, 2021. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2021. 3. Prepare the balance sheet for the year ended December 31, 2021. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ TAR HEEL CORPORATION } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline For the year ended December 31, 2021 \\ \hline Service Revenue & & \\ \hline Expenses: & & \\ \hline Salaries Expense & & \\ \hline Utilities Expense & & \\ \hline Advertising Expense & & \\ \hline Interest Expense & & \\ \hline & & \\ \hline & & \\ \hline Total Expenses & & \\ \hline Net Income & & \\ \hline \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ TAR HEEL CORPORATION } \\ \hline \multicolumn{2}{|c|}{ Statement of Stockholders' Equity } \\ \hline For the year ended December 31, 2021 & \multicolumn{1}{|c|}{ Cotal Common Stained Earnings } & Stockholders' Equity \\ \hline Beginning Balance & & \\ \hline \end{tabular}