At December 31, 2021, Fields Inc.'s year-end adjusted trial balance was as follows: Debit Credit Cash............ 15,800 Accounts receivable 98,500 +5,500 Inventory........... 103,000 Prepaid rent 3,200 Equipment........... 195,000 Accumulated depreciation, equipment.......... 48,750 Accounts payable........... 70,200 Unearned revenue...... 11,400 Bank loan payable........ Dividends payable......... Common shares....... Retaining earnings 95,000 11,000 45,000 79,850 Dividends declared... 30,000 Sales revenue...... 826,500 Interest revenue...... 3,800 Cost of goods sold........ 515,900 Wages expense. 174,100 Rent expense.......... 29,700 Interest expense. 7,800 Depreciation expense.... 19,500 Required: a. Calculate Fields Inc.'s current assets at December 31, 2021 (1 mark - 4 minutes) Current Assees is $415, Joo x b. Prepare the necessary closing entries for Fields Inc. at December 31st. (4 marks - 11 mi Account Debit Credit