Required

Determine the following amounts for Taryn Corp.

1. Total assets at the end of 2022 
2. Total liabilities at the end of 2022 
3. Net income at the end of 2022 
4. 
   
5. Prepare an Income Statement for the business 
6. Prepare a Balance Sheet for the business
7. 
   
8.  Information
9. Equipment 42.000

   Capital 41,000

   Accounts payable 12.000

   Interest income 3.000

   Salaries and wages expense 40,000

   Other expenses 51.000

   Supplies 22,000

   Prepaid expenses 2,000

   Income taxes payable 5,000

   Income taxes expense 18,000

   Notes payable 20.000