The Purple Company This project will give you an opportunity to apply your knowledge of accounting principles and procedures to a corporation. You will handle the accounting work of The Purple Company for 2022. Introduction The chart of accounts and account balances of The Purple Company shown in your text have been used to open general ledger accounts with opening balances for January 1, 2022. The company does not use reversing entries. Other Data Estimated federal income taxes are to be recorded using the tax rate of 21%. Round your amount to the nearest dollar