I'd like help with the daily transactions, and adjusting entries. Mostly struggling with COGS calculations, and the income tax entries.

Macon Machines Company began operations on November 1, 2024. The main operating goal of the company is to sell high end robots. Customers may pay using cash or if appropriate, credit is extended to customers with terms 3/15,n/30. The company uses the perpetual inventory method and a FIFO cost system. The company follows a calendar year, with all adjusting entries made at the end of the accounting period, December 31. The company uses the straight-line depreciation for all depreciable assets. The company has decided to use the Allowance method to account for uncollectible accounts. At the end of the period, based on industry standards, the company believes 2% of the balance in accounts recievable will be uncollectible. The company purchases robots for resale only as such they carry them as inventory. The company has two employees, one is a sales technician, salary of $5000 per month and the other employee is the office manager with a salary of $6000 per month. Payroll is processed on the last day of the month, and paid on the first day of the following month. This means the November 30 payroll with accrue into Salaries Payable and then be paid on Decemember 1. Required: 1) Make sure your student ID is correct, this will change the information. Macon Machines Company engaged in the following transactions for November and December. Record the following transactions on the Daily Transactions tab. Note: Place debits first, credits second but do NOT indent credits. If more than one debit or credit, please list in alphabetical order to receive full credit. Round to the penny unless otherwise noted. \begin{tabular}{|c|c|} \hline 1-Nov & The owner invested $520000 into the company in exchange for 5,000 shares of common stock. \\ \hline 1-Nov & \begin{tabular}{l} The company purchased a computer system for $60000 and signed a one-year note for the entire balance. The note is due on \\ November 1, 2025 and has an annual rate of interest of 3%. \end{tabular} \\ \hline 2-Nov & Paid for two years rent on the office space, $10400. \\ \hline 3-Nov & Purchased 10 robots at a total cost of $5000 each for cash, FOB Destination. \\ \hline 4-Nov & Purchased $2500 of supplies on account, term n/30. \\ \hline 15-Nov & \begin{tabular}{l} Purchased 12 robots at a total cost of $5500 each on account, terms n/30, FOB Destination. Shipping of $150 was paid to the \\ shipping company by the appropriate party. \end{tabular} \\ \hline 17-Nov & Paid for the supplies purchased on November 4. \\ \hline 18-Nov & Paid for a two-year insurance policy for the store, $6000. The policy was effective beginning December 1,2024. \\ \hline 20Nov & Sold 15 robots for $8500 each on account, terms 3/15,n/30, the company uses FIFO to find the cost of goods sold. The robots \\ \hline & \\ \hline \end{tabular} Low (Green) Workbook Statistics 2) Post all the Daily Transactions to the Ledger on the Ledger tab. 3) As of December 31, a search revealed the following information. Record any necessary adjusting entries for the year on the Adjusting Entriac tah 4) Post all the Adjusting Entires to the Ledger on the Ledger tab. 5) Based on the account balances in the ledger, create an adjusted trial balance on the Adjusted Trial Balance tab. 6) Based on the adjusted trial balance, prepare a multi-step income statement on the Income Statement tab. 7) Based on the adjusted trial balance, prepare the statement of stockholders' equity on the Equity Statement tab. 8) Based on the adjusted trial balance, prepare the balance sheet on the Balance Sheet tab. 9) Prepare the closing entries (DO NOT POST them to the ledger, just produce the entries). When journaling, close the accounts in the order they appear on the Trial Balance. Do one entry for revenue accounts, one for expense accounts and one for dividend accounts. 10) Calculate the ratios on the Ratios tab