Begin with the following account balances for University Street Parking Garage (assume all accounts have normal balances) at December 31, 2018: Required: For the following transactions, provide the necessary adjusting entries and update the account balances to appropriately reflect these adjusting entries: The only lease held by University Street Parking required a rental payment of $9, 100 per month. University Street Parking has prepaid rent through March 31, 2019. At December 31, 2018, University Street Parking owes employees wages of $12, 500. University Street Parking should have total depreciation expense on equipment for 2018 of $14, 300. The note payable of $160,000 has an interest rate of 6.75%. University Street Parking has paid interest through October 31, 2018. Prepare a properly classified statement of earnings for 2018, a statement of retained earnings for 2018, and a properly classified statement of financial position as of December 31, 2018, using the post-adjustment account balances