HOMEWORK ASSIGNMENT Cem Check my work mode: This shows what is correct or incorrect for the work you have completed sc 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 26,580 Cost of goods sold (food expense) 3,980 Buildings 2,100 Supplies s,eee salaries payable $65,200 52,980 35,000 2,900 800 In addition, the company had common stock of $35,000 at the beginning of the year and Issued an additional $3,500 during the ye The company also had retained earnings of $17.400 at the beginning of the year. Required: 1. Prepare the income statement for Longhom Corporation 2. Prepare the statement of stockholders' equity for Longhom Corporation. 3. Prepare the balance sheet for Longhorn Corporation Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Roured Required 3