The general ledger of jackrabbit rentals at january 1, 2021, includes the following account balances: accounts debits credits cash $ 55,500 accounts receivable 39,700 land 124,800 accounts payable 16,700 notes payable (due in 2 years) 44,000 common stock 114,000 retained earnings 45,300 totals $ 220,000 $ 220,000 the following is a summary of the transactions for the year: 1. january 12 provide services to customers on account, $76,400. 2. february 25 provide services to customers for cash, $82,300. 3. march 19 collect on accounts receivable, $47,100. 4. april 30 issue shares of common stock in exchange for $44,000 cash. 5. june 16 purchase supplies on account, $14,900. 6. july 7 pay on accounts payable, $12,700. 7. september 30 pay salaries for employee work in the current year, $78,200. 8. november 22 pay advertising for the current year, $23,900. 9. december 30 pay $4,300 cash dividends to stockholders. the following information is available for the adjusting entries. accrued interest on the notes payable at year-end amounted to $3,900 and will be paid january 1, 2022. accrued salaries at year-end amounted to $2,900 and will be paid on january 5, 2022. supplies remaining on hand at the end of the year equal $3,700. 8-a. prepare an income statement for the year ended december 31, 2021.