126 The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows. Number Account Title Debit Credit 101 Cash $ 51, 424 106 Accounts receivable 5, 468 Computer supplies 590 128 Prepaid insurance 1,440 131 Prepaid rent 770 163 office equipment 8,200 164 Accumulated depreciation Office equipment $ 410 167 Computer equipment 20,400 168 Accumulated depreciation-Computer equipment 1,275 201 Accounts payable 1,400 210 Wages payable 480 236 Unearned computer services revenue 2,500 301 8. Rey, Capital 65,000 302 3. Rey. Withdrawals 7,200 403 Computer services revenue 40,554 612 Depreciation expense-oftice equipoent 410 513 Depreciation expense-Computer equipment 1,275 623 Wages expense 3,425 637 Insurance expense 480 640 Rent expense 2,310 652 Computer supplies expense 3,455 655 Advertising expense 2.623 Mileage expense 774 677 Miscellaneous expenses 180 684 Repairs expense-Computer 1.195 901 Income TY 0 Totals $ 111,619 5 111,619 676 Required: 1. Prepare an income statement for the three months ended December 31, 2021. 2. Prepare a statement of owner's equity for the three months ended December 31, 2021. Hint: The S. Rey, Capital account balance was $0 on October 1, and owner investments were $65,000 this period. 3. Prepare a classified balance sheet as of December 31, 2021 4. Record the closing entries as of December 31, 2021 5. Prepare a post-closing trial balance as of December 31, 2021