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please help it is ome question with 3 parts to it. thanks

E4-21 (Algo) Reporting an Income Statement, Statement of Stockholders' Equity, and Balance Sheet LO4-2 Debit Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simplity the case, the amounts given are in thousands of dollars. UNADJUSTED Account Titles Credit Cash 18 Accounts receivable 15 Prepaid insurance le Machinery 72 Accumulated depreciation Accounts payable 11 Wages payable Income taxes payable Common stock (8,000 Shares) Additional paid in capital 57 Retained earnings Revenues not detailed) 78 Expenses (not detiled) 25 Totals 154 154 Other data not yet recorded at December 31 include a. Insurance expired during the current year. $6. b. Wages payable. $9 c. Depreciation expense for the current year, $11 d. Income tax expense, $12 Required: 1. Using the adjusted balances, prepare an income statement for the current year. 2. Using the adjusted balances, prepare statement of stockholders' equity for the current year. The balance in retained earnings represents dividends that were declared and paid in the current year, 3. Using the adjusted balances, prepare balance sheet for the current year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Recured Uning the adjusted balances, prepare an income statement for the current year. (Enter your answers in thousands. Round "Earnings per share" to 2 decimal places) GREEN VALLEY COMPANY Income Statement For the current Year Ended December 31 (in thousands of dollars) Revenues not detailed) 5 Expenses Pincome 78 51 27 Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31 To simpty the case, the amounts given are in thousands of dollars UNAOTUSTED Debit Credit 18 15 10 72 11 Account Titles Cash Accounts receivable Prepaid insurance Machinery Accumulated depreciation Accounts payable Wages payable Income taxes payable Common stock (8,000 shares) Additional paid-in capital Retained earnings Revenues not detailed) Expenses (not detailed) Totals 28 25 154 154 Other data not yet recorded at December 31 include 3. Insurance expired during the current year. $6 b. Wages payable. $9. c Depreciation expense for the current yeat $11 d. Income tax expense. $12 Required: 1. Using the adjusted balances, prepare an income statement for the current year 2. Using the adjusted balances, prepare statement of stockholders' equity for the current year. The balance in retained earnings represents dividends that were declared and paid in the current year 3. Using the adjusted balances, prepare balance sheet for the current year Complete this question by entering your answers in the tabs below. Required 1 Required 25 Required 3 Using the adjusted balances, prepare statement of stockholders equity for the current year. The balance in retained earnings represents dividends that were declared and paid in the current year. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands) GREEN VALLEY COMPANY Statement of Stockholders' Equity in thousands of dollar Common Additional Stock Paid in Capital Retained Earnings Total Stockholder Equity Beginning Dances Ending balances $ os os os Green Valley Company prepared the following trial balance at the end of es first year of operations ending December 31, To simplity the case, the amounts given are in thousands of dollars LNADUSTED Debit Credit 18 15 le 72 Account Titles Cash Accounts receivable Prepaid insurance Machinery Accumulated depreciation Accounts payable Wages payable Income taxes payable Common stock 8,00 shares) Additional paid-in capital Retained earnings Revenues (net detailed) Expenses (not detailed) Totals 11 YE 154 256 Other data not yet recorded at December 31 Include a Insurance expired during the current year. 56 b. Wages payable. $9 c. Depreciation expense for the current year. Sil d. Income tax expense. $12 Required: 1. Using the adjusted balances, prepare an income statement for the current year 2. Using the adjusted balances, prepare statement of stockholders ecuity for the current year. The balance in retained earnings represents dividends that were declared and paid in the current year 3. Using the adjusted balances, prepare balance sheet for the current year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Using the adjusted balances, prepare balance sheet for the current year. Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands) GREEN VALLEY COMPANY Balance Sheet in thousands of dollars) Assets Current Total current