Alan R. Bard formed a corporation named Bard Associates, Inc. on January 1, 2020. Its post-closing trial balance as of December 31, 2020 is as follows: Dr Cr Cash 5,505.00 36,233.00 2,035.00 10,000.00 Accounts receivable Office supplies Prepaid insurance Federal tax refund receivable Building Accumulated depreciation-building Land 46.00 180,000.00 $ 4,423.00 30,000.00 Accounts payable Loan payable Common stock Retained earnings 7,219.00 100,000.00 51,428.00 100,749.00 $263.819.00 $ 263.819.00 An analysis of the corporation's checking account for 2021 shows the following: Balance, January 1, 2021 Receipts: Collections from customers Federal tax refund $ 5,505.00 $ 593,115.00 46.00 593.161.00 598.666.00 Disbursements: Payment of bank loan Telephone bills Utility bills Advertising and promotion Office supplies Interest on bank loan Salaries to employees Salary to Alan R. Bard 60,000.00 47,206.00 28,998.00 119,338.00 48,875.00 6,600.00 141,000.00 100,000.00 14,400.00 26,014.00 Estimated federal income tax Payroll taxes 592.431.00 Balance, December 31, 2021 24 6,235.00 The corporation provides market survey services to small business clients. It is not a "qualified personal service corporation" as defined in Regulation $1.441-3(c). It uses the accrual basis of accounting. The collections from customers in 2021 includes $36,233.00 from 2020 receivables. The bank loan will become due and payable on January 5, 2024. The land and building, nonresidential office space, were placed in service in January 2020. An insurance premium of $15,000.00 was paid in early 2020 for a general business policy covering the three-year period from January 1, 2020 to December 31, 2022. Any assets of the business not reflected in the trial balance have been fully depreciated and therefore have a zero basis. The January 1, 2021 receivables were for services rendered. The payables were for office supplies ($1,829.00), telephone expense ($2,114.00), and utilities expense ($3,276.00). The estimated federal income tax of $14,400 was paid in four equal installments of $3,600 on March 15, 2021, June 15, 2021, September 15, 2021, and December 15, 2021. On December 31, 2021, the corporation had accounts receivable of $38,194.00, office supplies inventory of $3,112.00, and accounts payable of $7,914.00 for telephone ($3,007.00), office supplies ($2,011.00), and utilities expense ($2,896.00). Other than the accrued federal income tax payable, which will have to be calculated, the corporation had no other accrued but unpaid expenses. Required: 1. Use the information above to create a pre-closing adjusted trial balance for Bard Associates, Inc