Requirement 1. Prepare the incomd statement (with a proper heading) for 2021 . (Enter at amounts in malions. If an inpul fold is not used in the income staternent, lesve the fold emply. do not belect a lahel ne anhar a vote the income More info Plank incurred, during that same year, salary expense of $33 million, rent expense of $20 million, and utilities expense of $17 million. Plank declared and paid dividends of $20 million during the year. At December 31, 2021, Plank had cash of $190 million, accounts receivable of $60 million, property and equipment of $37 million, and other long-term assets of $23 million. At December 31, 2021, the company owed accounts payable of $57 million and had a long-term note payable of $25 million. Plank began 2021 with a balance in retained earnings of $78 million. At December 31, 2021, Plank had total stockholders' equity of $228 million, which consisted of common stock and retained earnings. Plank has a year-end of December 31. Net income (loss) Requirements Prepare the following financial statements (with proper headings) for 2021: 1. Income statement, 2. Statement of retained earnings, 3. Balance sheet. come (loss)