Exerclse 3-22A Recording events in the general journal, posting to Taccounts, and preparing closing entries At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts. The follotrugs wenus appry to Uak consulting for Year 2 : 1. Provided $185.000 of services on aecount. 2. Incurred $45,800 of operating expenses on account. 3. Collected $140,000 of accounts receivable. 4. Paid $120,000 cash for salaries expense. 5. Paid $31,400 cash as a partial payment on accounts payable. 6. Paid a $10.000 cash dividend to the stockholders. Required a. Record these transactions in a general journal. b. Open Taccounts, and post the beginning balances and the preceding transactions to the appropriate accounts. c. Show the beginning balances and the transactions in a horizontal statements model such as the following one. d. Record the closing entries in the general journal and post them to the T-accounts. What is the amount of net income for the yearr e. What is the amount of change in retained earnings for the year? Is the change in retained earnings different from the amount of net income? If so, wing? f. Prepare a post-elosing trial balance