Consider the unadjusted trial balance of Freight Line Transport at May 31, 2017, and the related month-end adjustment data. Freight Line Transport Trial Balance May 31, 2017 Account Cash Accounts receivable Prepaid rent Supplies Automobile Accumulated depreciation Accounts payable Salary payable Common stock Retained earnings Dividends Service revenue Salary expense Rent expense Fuel expense Depreciation expense Supplies expense Total Trial Balance Debit 7,400 1,440 5,500 1,700 84,500 4,100 3,250 Credit 3,300 4,990 4,200 74,700 10,500 16,800 111,190 111,190 Adjustment data at May 31, 2017: a. Accrued service revenue at May 31, $2,200. b. One-fifth of the prepaid rent expired during the month. c. Supplies on hand at May 31, $1,250. d. Depreciation on automobiles for the month, $800. e. Accrued salary expense at May 31 for one day only. The five-day weekly payroll is $1,100. Requirements: R1. Write the trial balance on a work sheet, and prepare the adjusted trial balance of Freight Line Transport at March 31, 2012. Key each adjusting entry by letter. R2. Prepare the income statement and the statement of retained earnings for the month ended May 31, 2017, and the balance sheet at that date.