Please answer in the given format with good presentation using commas and dollar sign in each figure

Req A1 Req A2 Prepare a balance sheet for Sherman Equipment Company for Year 2. (Enter amounts to be deducted with a minus sign.) SHERMAN EQUIPMENT COMPANY Balance Sheet As of December 31, Year 2 Assets Total assets Liabilities and Stockholders' Equity Current Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' EquityUse the following information to prepare a multistep income statement and a balance sheet for Sherman Equipment Company for Year 2. {Hint Some of the items will not appear on either statement. a Salaries expense $21,886 Common stock 166,886 Notes receivable {short tenn] 32,886 Allowance for doubtful accounts 6,686 Uncollectible accounts expense 8,986 Supplies 2,886 Interest revenue 6,286 Sales revenue 352,886 Dividends 4,386 Interest receivable [short tern) 2,386 Beginning retained earnings 85,886 nd ending retained earnings must be calculated} Operating expenses $16,668 Cash Flow from investing activities 86,468 Prepaid rent 13,368 Land 48,668 Cash 48,968 Inventory 99,168 Accounts payable 54,868 Salaries payable 26,668 Cost of goods sold 156,668 Accounts receivable 64,668 Complete this question by entering your answers In the tabs below. Prepare a mulsbep inoeme shbement for $hermen Equipment Company for Year 2. - - - Total Operating Expenses Nondbpenmngene