Required information Exercise 3-16A Prepare financial statements from an adjusted trial balance (LO3-5) The following information applies to the questions displayed below.) The December 31, 2021. adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 10,700 Accounts Receivable 137,000 Prepaid Rent 4,700 Supplies 23,500 Equipment 270,000 Accumulated Depreciation $122,000 Accounts Payable 10,700 Salaries Payable 9,700 Interest Payable 3,700 Notes Payable (due in two years) 27,000 Common Stock 170,000 Retained Earnings 47,000 Service Revenue 370,000 Salaries Expense 270,000 Rent Expense 13,500 Depreciation Expense 27,000 Interest Expense 3 700 Totals $760,100 $760,100 Exercise 3-16A Part 1 Exercise 3-16A Part 1 4 Required: 1. Prepare an income statement for the year ended December 31, 2021. Part 1 of 3 FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2021 133 point Expenses Total expenses