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Hawkeye Corporation's balance sheet at December 3 1 , 2 0 2 1 , is presented as follows. During 2 0 2 2 , the

Hawkeye Corporation's balance sheet at December 31,2021, is presented as follows.
During 2022, the following transactions occurred.
On January 1,2022, Hawkeye issued 1,200 shares of $40 par, 7% preferred stock for $49,200.
On January 1,2022, Hawkeye also issued 900 shares of the $10 par value common stock for $21,000.
Hawkeye performed services for $320,000 on account.
On April 1,2022, Hawkeye collected fees of $36,000 in advance for services to be performed from April 1,2022, to March
31,2023.
Hawkeye collected $276,000 from customers on account.
Hawkeye bought $35,100 of supplies on account.
Hawkeye paid $32,200 on accounts payable.
Hawkeye reacquired 400 shares of its common stock on June 1,2022, for $28 per share.
Paid other operating expenses of $188,200.
On December 31,2022, Hawkeye declared the annual preferred stock dividend and a $1.20 per share dividend on the
outstanding common stock, all payable on January 15,2023.
An account receivable of $1,700 which originated in 2021 is written off as uncollectible.
Adjustment data:
A count of supplies indicates that $5,900 of supplies remain unused at year-end.
Recorded revenue from item 4 above.
The allowance for doubtful accounts should have a balance of $3,500 at year end.
Depreciation is recorded on the building on a straight-line basis based on a 30-year life and a salvage value of $10,000.
The income tax rate is 30%.(Hint. Prepare the income statement up to income before income taxes and multiply by 30% to
compute the amount.) I have to record journal entries in the order presented in the problem for question 1, I have to record adjusting entries in the order presented in the problem for question 2, an adjusted trial balance at december 31,2022 for question 3, an income statement for the year ending december 31 for question 4, a retained earnings statement for the year ending december 31,2022 by listing the items that increases retained earnings first for question 5, and a classified balance sheet as of december 31,2022 by listing the current assests in order of liquidity and listing property, plant and equipment in order of land and buildings for question 6.
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