1. Services performed for customers through February 27, 2022, but unbilled and uncollected were $2,960. 2. Received notice that a customer who was billed $160 for services performed February 10 has filed for bankruptcy. Marin Cleaning Services does not expect to collect any portion of this outstanding receivable. 3. Marin Cleaning Services uses the allowance method to estimate bad debts. Marin Cleaning Services estimates that 3% of its month-end receivables will not be collected. 4. Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 4 years, and $390 salvage value. 5. Record 1 month of insurance expense. 6. An inventory count shows $310 of supplies on hand at February 28. 7. One week of services were performed for the customer who paid in advance on February 17. 8. Accrue for wages owed through February 28, 2022. 9. Accrue for interest expense for 1 month. 10. Karen estimates a 20% income tax rate. (Hint: Prepare an income statement up to income before taxes to help with the income tax calculation.)

a)Prepare an adjusted trial balance.

b)Prepare a multiple-step income statement as of February 28, 2022.