Question: promble 1-3A prepare financial statement Problem 1-3A Prepare financial statements (LO1-3) Longhom Corporation provides low-cost food delivery services to senior citizens. At the end of



Problem 1-3A Prepare financial statements (LO1-3) Longhom Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31.2021, company reports the following amounts: In addition, the company had common stock of $23,000 at the beginning of the year and issued an additional $2,300 during the The company also had retained earnings of $10,300 at the beginning of the year. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation. Complete this question by entering your answers in the tabs below. Prepare the balance sheet for Longhorn Corporation. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporati 3. Prepare the balance sheet for Longhorn Corporation. Complete this question by entering your answers in the tabs below. Prepare the income statement for Longhorn Corporation. Required: 1. Prepare the income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equity for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation. Complete this question by entering your answers in the tabs below. Prepare the statement of stockholders' equity for Longhorn Corporation. Prepare the balance sheet for I onnhnrn rnmnmtian
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