3. (20 pts) Nixon Company has the following adjusted trial balance at December 31, 2019 Cr. s 10,000 Property, Plant & Equipment Operating Expenses 65,000 ilson O e thelr p Interest Expense Cost of Goods Sold Accounts Payable Sales Capital Stock Retained Earmings Interest Revenue Unearned Revenue sed 30,0 were 1 $ 15,000 225,000 $225,000 Apri 5. t 4. (10 pts) Prepare the closing entry (ies) for the Nixon Company in Problem 3 On Apr Cr. Paid ! s. (20 pts) Prepare a classified balance sheet for Nison Company in Problem 3. (15 pts) Compute the Accounts Receivable Turnover and the Accounts Payabie Turnover and comment in one sentence about the liquidity of Nixon Company in Problem 3 6