Using the information below create a statement of retained earnings, balance sheet, and the analysis section.

Ees Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Incorporated) on January 1, 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021. follows (the amounts are rounded to thousands of dollars to simplify) Account Titles Debit Credit Cash 53 Accounts Receivable 5 Supplies 12 Land Equipment 60 Accumulated Depreciation $6 Software 15 Accumulated Amortization Accounts Payable 5 Notes Payable (short-ter) Salaries and Wages Payable Interest Payable Income Tax Payable Connon Stock Retained Earnings Service Revenue Salaries and Wages Expense Depreciation Expense Amortization Expense Income Tax Expense Interest Expense Supplies Expense Totals $ 95 $95 Transactions and events during 2021 (summarized in thousands of dollars) follow, a Borrowed $12 cash on March 1 using a short term note b. Purchased land on March 2 for future building site: paid cash $9 c.Issued additional shares of common stock on April 3 for $23 d Purchased software on July 4 $10 cash e Purchased supplies on account on October 5 for future use. $18 Paid accounts payable on November 6, 513 g. Signed a $25 service contract on November 7 to start February 1, 2022 h. Recorded revenues of $160 on December 8, including $40 on credit and $120 collected in cash Recognized salaries and wages expense on December 9, $85 paid in cash Collected accounts receivable on December 10, $24 a Data for adjusting journal entries as of December 31 k. Unrecorded amortization for the year on software. $5. 1. Supplies counted on December 31, 2021, $10. m Depreciation for the year on the equipment $6. n. Interest of $1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded $12. p. Income tax for the year was $8. It will be paid in 2022. (Enter all of your answers in thousands of dollars. (t.e., $100,000 should be entered as $100)). Requirement General General Statement of Income Journal Ledger Thial Balance Retained Balance Sheet Analysis Statement Earnings Prepare the statement of retained earnings for the year ended December 31, 2021. You will need to determine and enter the accounts and balances to prepare the Statement of Retained Earnings. Adjusted H&H TOOL, INCORPORATED Statement of Retained Earnings For the Year Ended December 31, 2021 (in thousands) Balance, January 1, 2021 Add: Net Income 33 Lets: Dividends Balance, December 31, 2021 $ 33 Use the dropdowns to select the accounts properly Included on the classified balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection Adjusted H&H TOOL, INCORPORATED Balance Sheet At December 31, 2021 (in thousands) $ 0 S 0 0 0 0 0 0 0 0 O 0 0 0 0 Equipment 60 $ 0 60 33 Software 0 25 0 25 85 $ 33 33 5 Calculate the Net Income, Net Profit Margin and Current Ratio. Net Income can be found on Income statement tab. (Hint: Select Adjusted on the dropdown.) How much net income did H & H Tool, Incorporated, generate during 2021? What was its net profit margin? (Round "Net Profit Margin' to 1 decimal place) Net Income Net Profit Margin % is the company financed primarily by liabilities or stockholders equity? What is its current ratio? Round your answer to 2 decimal pocos Current Ratio