Version 10 ACCOUNTING G101 - Financial Accounting Financial Statements Assignment Using the information presented below, prepare in proper format for the year ending December 31, 2021: 1. an income statement 2. a statement of retained earnings 3. a balance sheet Karen Kayaks Adjusted Trial Balance December 31, 2021 Credit Debit 84,000 23,000 9,000 229,000 87,000 326,000 Account Title Cash Accounts Receivable Prepaid Insurance Automobiles Accumulated Depreciation Patents Accounts Payable Salaries Payable Unearned Revenues Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense Amortization Expense Total 49,000 13,000 52,000 120,000 139,000 39,000 438,000 112,000 36,000 24,000 16,000 898,000 898,000