Bramble Corp.s balance sheet at December 31, 2021, is presented below.

BRAMBLE CORP. Balance Sheet December 31, 2021 Cash $73,800 Accounts payable $76,800 Accounts receivable 136,500 Common stock ($10 par) 240,000 Allowance for doubtful accounts (4,500 ) Retained earnings 382,200 Supplies 13,200 Land 120,000 Buildings 426,000 Accumulated depreciationbuildings (66,000 ) $699,000 $699,000 During 2022, the following transactions occurred. 1. On January 1, Bramble issued 3,600 shares of $40 par, 7% preferred stock for $147,600. 2. On January 1, Bramble also issued 2,700 shares of the $10 par value common stock for $63,000. 3. Bramble performed services for $960,000 on account. 4. On April 1, 2022, Bramble collected fees of $108,000 in advance for services to be performed from April 1, 2022, to March 31, 2023. 5. Bramble collected $828,000 from customers on account. 6. Bramble bought $105,300 of supplies on account. 7. Bramble paid $96,600 on accounts payable. 8. Bramble reacquired 1,200 shares of its common stock on June 1 for $28 per share. 9. Paid other operating expenses of $564,600. 10. On December 31, 2022, Bramble declared the annual preferred stock dividend and a $1.20 per share dividend on the outstanding common stock, all payable on January 15, 2023. 11. An account receivable of $5,100 which originated in 2022 is written off as uncollectible. Adjustment data: 1. A count of supplies indicates that $17,700 of supplies remain unused at year-end. 2. Recorded revenue from item 4 above. 3. The allowance for doubtful accounts should have a balance of $10,500 at year end. 4. Depreciation is recorded on the building on a straight-line basis based on a 30-year life and a salvage value of $30,000. 5. The income tax rate is 30%. (Hint: Prepare the income statement up to income before taxes and multiply by 30% to compute the amount.)

Prepare journal entries for the transactions listed above and adjusting entries. Then prepare adjusted trial balance, an income statement, a statement of retained earnings, and a balance sheet.