can you answer the t accounts and closing journal entry to this problem?

Assume Jade Quilts and Crafts Shop has been in business for several ycars. The balances in the accounts on January 1,2023, are in the T-Accounts. The following transactions took place during 2023. a. Company purchased inventory on credit (with accounts payable), cost of $310,000. b. Company made credit sales (with accounts receivable), amount of $220,000. c. Company collected accounts receivable, amount of $155,000. d. Company hired a new sewing and craft instructor. He will start in January 2024. e. Company made cash sales, amount of $160,000. f. Company paid off accounts payable in the amount of $180,000. 8. Company counted inventory at year-end and found that the inventory sold cost $295,000. h. Company paid $35,000 in salaries in cash. i. Company paid $3,000 for interest on the note payable (Noncurrent). j. Company recognized \$2,500 in depreciation on the Property, Plant and Equipment. k. Company pays income taxes at a rate of 20%. It uses an income tax payable account now and will pay cash in the future