A six-column table for Yan Consulting Company follows. The first two columns contain the unadjusted trial balance for the company as of December 31, 2016, and the last two columns contain the adjusted trial balance as of the same date.

Required
Analysis Component
1. Analyze the differences between the unadjusted and adjusted trial balances to determine the eight adjustments that likely were made. Show the results of your analysis by inserting these adjustment amounts in the table's two middle columns. Label each adjustment with a letter a through h and provide a short description of it at the bottom of the table.
Preparation Component
2. Use the information in the adjusted trial balance to prepare this company's (a) income statement and its statement of retained earnings for the year ended December 31, 2016 (Retained earnings at December 31, 2015, was $76,200, and the current-year dividends were $20,000), and (b) the balance sheet as of December 31, 2016.

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Unadjusted Trial Balance Adjusted Trial Balance Adjustments Cash $45,000 $45,000 60,000 40,000 8,200 20,000 66,660 17,000 3,600 20,000 agis . e. Accumulated depreciation 30,000 32,000 2,150 16,000 27,800 75,000 4,00 76,200 $20,000 26,000 Accounts payable Interest payable Long-term notes payable 75,000 Retained earnings 76,200 20,000 20,000 234,600 253,460 112,000 8,600 10,000 28,000 10,750 Interest expense 20,000 20,000 23,000 48,000 Advertising expense 42,000 $516,610 $516,610