1. help prepare horizontal & vertical analysis for 2022-20212. Assist identifying errors or misstatements and estimated amount of each error or misstatement.3. help with preparing a schedule to adjust the unaudited net income for 2022, beginning with the unaudited net income and ending with the revised net income.

Inter-Galactic Services, Inc 2021 2022 change Common Common Balance Size Balance Size Amount Percent Assets Cash 635,050 1,028,050 Short term investments 359,000 734,000 Accounts receivable 100,000 80,000 Other receivables 100,000 50,000 Total current assets 1,194,050 1,892,050 Property, plant & equipment 1,535,000 2,225,000 Accumulated Depreciation (614,000) (959,000) Total assets 2,115,050 3,158,050 Liabilities and equity Accounts Payable 115,000 176,000 Unearned revenue - current 230,600 278,600 Other liabilities 130,000 187,000 Total Current Liabilities 475,600 641,600 Long term loans (5% interest rate) 390,000 591,000 Unearned revenue - noncurrent 270,000 341,000 Total Long-term liabilities 660,000 932,000 Total liabilities 1,135,600 1,573,600 Capital Stock 800,000 1,143,000 Retained earnings 179,450 441,450 Total Liabilities & equity 2,115,050 3,158,050 Service revenue 1,030,000 1,357,000 Cost of revenue 400,000 475,000 Gross profit 630,000 882,000 SGA expense 185,000 225,000 Depreciation expense 307,000 345,000 Operating expenses 492,000 570,000 Operating income 138,000 312,000 Other revenue 45,000 65,000 Interest expense 19,500 46,000 Other income, net 25,500 19,000 Income before income tax expense 163,500 331,000 Income tax expense 49,050 69,000 Net income 114,450 262,000