Enter the balances from the adjusted trial balance and post the closing entines and calculate the balances of the accounts Post entries in the order of journal entries precented in the previous part) SANDHILL COMPANY Income Statement 5 $ $ Prepare a classified balance sheet, (List Current Assets in order of liquidity Prepare an owner's equity statement. (List items that increase owner's equity first.) Prepare a post-closing trial balance. Dec. 31 (To dose net income / (los5)) Dec 31 (To close drawings) The completed financial statement columns of the spreadsheet for Sandhill Company are shown as follows: Sandhill Company Worksheet For the Year Ended December 31, 2022 \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{AccountNo.} & \multirow[b]{2}{*}{ Account Titles } & \multicolumn{2}{|c|}{ Income Statement } & \multicolumn{2}{|c|}{ Balance Sheet } \\ \hline & & Dr. & Cr. & Dr. & Cr. \\ \hline 101 & Cash & & & 9,100 & \\ \hline 112 & Accounts Receivable & & & 10,700 & \\ \hline 130 & Prepaid Insurance & & & 2,600 & \\ \hline 157 & Equipment & & & 23,500 & \\ \hline 158 & Accumulated Depreciation-Equip. & & & & 4,700 \\ \hline 201 & Accounts Payable & & & & 8,900 \\ \hline 212 & Salaries and Wages Payable & & & & 2,300 \\ \hline 301 & Owner's Capital & & & & 19,900 \\ \hline 306 & Owner's Drawings & & & 11,800 & \\ \hline 400 & Service Revenue & & 59,600 & & \\ \hline 622 & Maintenance and Repairs Expense & 1.800 & & & \\ \hline 711 & Depreciation Expense & 3.200 & & & \\ \hline 722 & Insurance Expense & 1.600 & & & \\ \hline 726 & Salaries and Wages Expense & 29,800 & & & \\ \hline 732 & Utilities Expense & 1.300 & & + & - \\ \hline & Totals & 37,700 & 59,600 & 57.700 & 35,800 \\ \hline \end{tabular} Liabilities and Owner's Equity 122 Insurance Expense 726 Salaries and Wages Expense 732 Utilities Expense Totals Net Income 1,600 29,800 1,300 37.700 59.600 57.700 21,90059,600 Service Revenue No. 400 Maintenance and Repairs Expense No, 622 Depreciation Expense No. 711 Insurance Expense No. 722 Salaries and Wages Expense No. 726 Utilities Expense No. 732 Prepare the closing entries, L. Sandhill did not make any additional imvestments during the year. (Credit account tilles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)