Chesapeake Bay Kayak Rentals (CBKR) is located near the mouth of the Lynnhaven River on the Chesapeake Bay in Virginia Beach, VA, and rents kayaks and paddle boards to be used on the bay and the Lynnhaven River in addition to providing tours. Matt Redfern decided to start the business because of his love for the water and outdoors. Matt decided to incorporate the business to limit his legal liability. The business began operations April 1, 2021, and has a December 31 year end. Matt has asked you to prepare Chesapeake Bay Kayak Rentals' financial statements for the nine months ended December 31, 2021. He has been doing his own accounting but isn't sure if he's done everything correctly since he only took principles of financial accounting in college. He has provided you with an unadjusted trial balance at December 31, 2021. Chesapeake Bay Kayak Rentals Trial Balance December 31, 2021 Cash Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation Building Computer Equipment Accumulated Depreciation-Computer Equipment Kayaks, paddleboards, and life vests (equipment) Accumulated Depreciation Equipment Accounts Payable Wages Payable Interest Payable Note Payable Unearned Revenue Common stock, $5 par (4,000 shared issued and outstanding) Paid In Capital In Excess of Par Retained Earnings Rental Revenue Advertising Expense Depreciation Expense-Building Depreciation Expense Equipment Depreciation Expense Computer equipment Insurance Expense Interest Expense Supplies Expense Utilities Expense Unadjusted Debit Credit 43,640 4.500 9,600 600 330,000 2,800 17,300 6,850 318,144 1,500 20,000 12,000 124,435 6,832 8.532