Following is the unadjusted trial balance of Lance Corporation at the end of its first year of operations, December 31, 2022 . The following additional information is avai able: a. Prepaid insurance is for a 1-year insurance policy purchased on October 1 tt. b. A physical count indicates that $3,000 of supplies is still on hand at December 31 . c. The Machine was purchased on January 1tt of this year and has an estimated useful life of 10 years. Use straight-line depreciation. d. Our employees worked the last week of December and earned 55,000 . They will be paid in the next pay period which lands in January. e. The balance in the Unearned Rent Revenue account represents six months rental of parking space, effective November 1n. f. A $3,000 bill for December telephone charges has not yet been recorded. B. Income taxes expense for the year is $10,000. This amount will be paid in the next fiscal year. Required: 1. Prepare all necessary adjusting entries on December 31, 2022, including general ledger account numbers. 2. Prepare an adjusted trial balance on December 31, 2022. 3. Prepare an income statement, statement of changes in equity, and statement of financial position. 4. Prepare closing entries for end of year. 5. Prepare a post-closing trial balance