you have complete Problem 1-5A Prepare financial statements (L01-3) Cornhusker Company provides the following information at the end of 2021. Cash remaining Rent expense for the year Land that has been purchased Retained earnings Utility expense for the year Accounts receivable from customers Service revenue recognized during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued prior to 2021 Salaries owed at the end of the year Insurance expense for the year Retained earnings at the beginning of the year $ 3,900 6,100 21,000 11,500 4,000 6,300 32,500 12,400 1,750 2,300 16,000 1,950 2,600 6,400 No common stock is issued during 2021. Required: 1. Prepare the income statement for Cornhusker Company on December 31, 2021. 2. Prepare the statement of stockholders' equity for Cornhusker Company on December 31, 2021. 3. Prepare the balance sheet for Cornhusker Company on December 31 2021. Complete this question by entering your answers in the tabs Required 1 Required 2 Required 3 Prepare the income statement for Cornhusker Company on Dece CORNHUSKER COMPANY Income Statement For the year ended December 31, 2021 32,500 Service Revenue Expenses: Salaries Expense Insurance Expense Rent Expense Utilities Expense $ 12,400 2,600 6,100 4,000 Total Expenses Net Income 25,100 7,400 $ $ Retained Earnings S 6,400 0 7,400 2,300 11,500 0 OSO 7.400 2,300 97,000 $ s 16,000 S