Use the following Adjusted Trial Balance and Statement of Retained Earnings to prepare the CLASSIFIED BALANCE SHEET for See You in January Inc. for December 31, 2021. For sure on final exam at 30 points

See You in January Inc.
Adjusted Trial Balance
December 31, 2021
						Debit	Credit
Cash						$142,000
Accounts Receivable						68,700
Prepaid Rent						24,000
Prepaid Insurance						12,000
Barns						278,500
Accumulated Depreciation - Barns							$15,000
Accounts Payable							45,000
Unearned Revenue							21,000
Notes Payable (Long Term)							75,000
Bonds Payable (Long Term)							200,000
Common Stock							100,000
Paid in Capital in Excess of Par - Common							50,000
Retained Earnings							12,800
Dividends						48,000
Service Revenue							250,000
Interest Revenue							16000
Depreciation Expense - Barns						15,000
Insurance Expense						12,000
Salaries Expense						156,600
Tax Expense						28,000
Total						$784,800	$784,800

See You in January Inc.

Statement of Retained Earnings

December 31, 2021

Retained Earnings, January 1, 2021 $12,800

Net Income for the Year 54,400

Dividends (48,000)

Retained Earnings, December 31, 2021 $19,200