How would you do the closing entries and posting to T accounts from this worksheet?

debit Logs credit Me debit depreciation expense crecht accumulated depreciation Include 2 adjustments: (a) inventory shrinkage. $6.000; (b) depreciation, $5.000. Finish the work sheet. Generate a multiple-step income statement, splitting 50/50 the expenses that relate to the selling expenses AND the general & administrative expenses. Peppy Corporation Work Sheet For the Year Ended December 31 AP Accounts Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Dr Cr Dr cr Dr I Cr Dr T cr Dr I cr Cash 20.000 29,000 20,000 A/R 40,000 40,000 40.00 Merchandise Inventory 105,000 a) 4.000 99.000 99.000 Sales Equipment 120.000 120,000 120,000 Accumulated Depreciation 65,000 b)5,000 70,000 80,000 80,000 Z. Peppy. Capital 70,000 70,000 Z. Peppy, W/D 15,000 15.000 15.000 Sales 346,000 346.000 346,00 Sales Returns & Allowances 5,000 5.000 5.000 Sales Discounts 8,000 9,000 Cost of Goods Sold 160,000 a) 6,000 1660,000 Whol,00 Salaries Expense 36,000 36.000 36000 Rent Expense 18,000 18.000 19.000 Advertising Expense 9,000 9,000 9.000 Utilities Expense 9,000 9,000 9,000 Freight-Out 6,000 6.000 6.000 Depreciation Expense 10,000 5.000 115,000 15,000 Totals 561,000 561,000,000 ,000 Soooo 566,000 212.000 346.000294,00220.000 ?? net income 74.000 149.00 Totals 1561,000 561,000/11,000/11,000 Eldo, ooo 566,000/346,000 346,000/294,000 294,000