Eastern Turf Inc is a sales and service landscaping equipment company. The following are year-end balances:

Account Name	Unadjusted Trial Balance	Adjusted Trial Balance
Accounts Payable	105,000	105,000
Accounts Receivable	80,000	80,000
Accumulated Depreciation Warehouse	15,000	28,000
Accumulated Depreciation Trucks	26,000	35,000
Cash	60,000	60,000
Common Shares	200,000	200,000
COGS	310,000	310,000
Depreciation Expense	0	22,000
Dividends	22,800	22,800
Insurance Expense	0	8,000
Interest Expense	4,000	6,000
Interest Payable	0	2,000
Inventory	50,000	50,000
Note Payable 5-year	100,000	100,000
Prepaid Insurance	10,000	2,000
Property Tax Expense	0	2,500
Property Tax Payable	0	2,500
Rental Income	4,000	4,000
Retained Earnings	14,000	14,000
Salaries Expense	88,000	88,000
Sales Commission Expense	3,000	5,500
Sales Commission Payable	0	2,500
Sales Returns and Allowances	4,000	4,000
Sales Revenue	580,000	580,000
Trucks	110,000	110,000
Utilities Expense	2,200	2,200
Warehouse	300,000	300,000

1. Do the adjusting journal entries for Eastern Turf Inc on December 31, 2021. Use correct journal entry format
2. Do the adjusted trial balance, using the correct account order and Dr/Cr side balances.
3. Do the financial statements: Income Statement , the Statement of Changes in Equity and the Statement of Financial Position.
4. Do the companys closing journal entries.

NOTES: Property Tax is an administration expense. Depreciation for the trucks is a selling expense; depreciation for the warehouse is an admin expense. Salaries Expenses: $30,000 is admin and the balance of salaries expense is selling expense. Utilities are 50% admin and 50% selling expenses. Insurance is 75% selling expense and 25% admin expense. The principle amount of the Note Payable due in 2022 is $10,000. The balance of the N/P principle is due in 2025.