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Check my w Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31, 2021, the company reports the following amounts: Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,400 Service revenue 20,500 Cost of goods sold (food expense) 2,700 Buildings 3,300 Supplies 6,200 Salaries payable $71,200 54,100 23,000 1,700 700 In addition, the company had common stock of $23,000 at the beginning of the year and issued an additional $2,300 during the ye The company also had retained earnings of $10,300 at the beginning of the year. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation Complete this question by entering your answers in the tabs below. Dan DAR Next > 10 of 12 !!! Required 1 Required Required 3 Prepare the statement of stockholders' equity for Longhorn Corporation. LONGHORN CORPORATION Statement of Stockholders' Equity For the year ended Dec. 31, 2021 Common Stock Retained Earnings Total Stockholders' Equity Beginning balance Ending balance You skipped this question in the previous attempt. LONGHORN CORPORATION Balance Sheet Dec. 31, 2021 Assets Liabilities Total liabilities 0 Stockholders' Equity 0 Total stockholders' equity Total liabilities and stockholders' equity Total assets $ 0 $ 0