"Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports the following amounts:" Cash$1,260 Equipment 26,800 Accounts payable 3,400 Delivery expense 1,730 Salaries expense 4,520 Service revenues 64,700 Cost of goods sold (food expense) 51,300 Building 29,700 Supplies 2,430 Salaries payable 1,060 In addition, the company had common stock of $29,800 at the beginning of the year andissued an additional $3,380 during the year. The company also had retained earnings of$15,400 at the beginning of the year.Prepare the following for Longhorn Corporation:A. Income StatementB. Statement of Stockholders’ EquityC. Balance Sheet