Canvas A The unadjusted trial balance below belongs to Yeoman's Inc. as of December 31, 2022: Account Title Debit Credit Cash 80,000 Inventory 70,000 Accounts Payable 10,000 Common Stock 60,000 Retained Earnings 60,000 Sales Revenues 200,000 Sales Discounts and Returns 30,000 Rent Expense 35,000 Purchases-Gross 130,000 Purchase Returns 15,000 Using the periodic method of accounting for inventory and specific identification cost flow assumptic Yeoman's determines its ending inventory is valued at $35,000. 1. Prepare Yeoman's schedule of goods sold at the end of the year. 2. Prepare the adjusting journal entry to record cost of goods sold for the year.