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AL the end of the year, Southwestern Electric Inc. has adjusted Trial balance. 3 - The expansion into HVAC did not go as planned and

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AL the end of the year, Southwestern Electric Inc. has adjusted Trial balance. 3 - The expansion into HVAC did not go as planned and had to be discontinued. 4 - Below is the updated and correct balances taking into consideration the transactions happened during the year (including day-to-day transactions and the transactions above). - Complete the list by filling in the missing values from the journal entries you created during the year. *Interest payable, interest receivable , and interest revenue balances are from the bonds issued and purchased during the year. Interest expense from bank loan are paid within the year. Assume the tax rate is 27%. Assume income tax has already been paid. You will just have to calculate the income tax Leave 474 statement. The bank loan is payable over 6 years and $29,500 will be paid by December 31,2023 . The interest on this loan is 7% per Prepare a multistep income statement for the year ending December 31, 2022. Round answers to the nearest whole 528 number

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