3) The following are the trial balance and other information related to Soft Tech, a consulting engineer. Other data: 1. Fees received in advance from chents Br. 12,000 . 2. Services performed for clients that were not recorded by December 31 , Br. 9.800. 3. Bad debt expense for the year is Br.2.860. 4. Insurance expired during the year Br. 960 . 5. Equipment is being depreciated at 10% per year. 6. Fine Tech gave the bank a 90 -day, 10%6 note for Br.14,400 on December 1 , 2022. 7. Rent of the building is Br.1,500 per month. The rent for 2022 has been paid, as has that for January 2023. 8. Salaries and wages eamed but unpaid December 31, 2022, Br.5,020. Instructions a. From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2022. b. Prepare the worksheet c. Prepare an income statement for 2022, a statement of owner's equity, and a classified statement of financial position. d. Maintain the necessary closing entry