Confused about question 3, I finished question 1 and 2

The Howit Department store is located in midtown Metro. During the past several years, net income has been declining because of suburban shopping centers. At the close of the year ended December 31,2017, the following accounts appeared in two of its trial balances. Trial Balances Unadjusted Adjusted Difference Increase $37,31p $37,310 12,770 19,680 41,800 7,000 8,200 57,000 4,000 9,500 5,060 70,000 14,200 12,000 9,000 8,000 5,000 34,360 46,000 4,500 3.500 640,000 640,000 7,000 3,000 19,600 120,000 120,000 860,000 860,000 14,000 6,000 10,000 125.000 125,000 3.500 10,000 Accounts Payable Accounts Receivable Accumulated Accumulated Depreciation-Store E Cash 12,770 15,680 32,300 7,000 8,200 57,000 ation-Delivery E 4,000 9,500 ent 4,000 Depreciation Expense-Delivery Equipment Depreciation Expense-Store Equipment 9,500 5,060 70,000 14,200 12,000 Common Stock Retained Earnings Dividends Insurance Expense Interest Expense Interest Revenue Merchandise Invent Notes Payable Prepaid Insurance Property lax Expense 9,000 8,000 5,000 34,360 46,000 13,500 9,000 3,500 Purchase Discounts Purchase Returns and Allowanc Rent E Salaries lE 7,000 3,000 19,600 es es Sales Commissions E Sales Commissi Sales Returns and Allowanc Store E Property Taxes Payable Utilities Expense 8,000 6,000 ns Payable 6,000 es 10,000 3,500 10,000 Analysi s reveals the following additional data: Salaries expense is 70% selling and 30% administrative 2. Insurance expense is 50% selling and 50% administrative 3. A physical inventory was conduced for year ended December 31, 2017 and the inventory was valued at $36,200 4. Rent expense, utilities expense, and property tax expense are administrative expenses. 5. $10,000 of the Notes payable is due for payment next year 6.The beginning balance of accounts receivable is S10,750 7. The amount of total assets at the beginning of the year is $198,275 Instructions 1) 2) Journalize the adjusting entries that were made by the company Prepare a multiple-step income statement and a retained earnings statement for the year and a classified balance sheet as of December 31, 2017 Journalize the closing entries and prepare a post-closing trial balance. Prepare the following ratios and show all support for your computations: 3) 4) a) Current Ratio b) Quick Ratio c) Working Capital d) Accounts Receivable Turnover e) Average Collection Period f) Inventory Turnover g) Days in Inventory h )Debt to Total Assets Ratio i) Gross Profit Ratio j) Profit Margin Ratio k) Return on Assets Ratio 1) Asset Turnover Ratio