In addition the the requirements of P3-6, a complete worksheet must be prepared. Please show all work and calculations used for all questions. Thank you.

Problem 3-6 The following are the trial balance and the other information related to Novak Perez, a consulting engineer. NOVAK PEREZ, CONSULTING ENGINEER TRIAL BALANCE DECEMBER 31, 2017 Debit Credit Cash $29,500 Accounts Receivable 55,700 Allowance for Doubtful Accounts $803 Supplies 2,300 Prepaid Insurance 1,120 Equipment 29,000 Accumulated Depreciation Equipment 7,250 Notes Payable 7,200 Owner's Capital 33,254 Service Revenue 114,852 Rent Expense (13 months of rent) 10,439 Salaries and Wages Expense 32,900 Utilities Expenses 1,760 Office Expense 640 Totals $163,359 $163,359 1. Fees received in advance from clients $5,890, which were recorded as revenue. 2. Services performed for clients that were not recorded by December 31, 94,928 3. Bad debt expense for the year is $1,544. 4. Insurance expired during the year $437. 5. Equipment is being depreciated at 10% per year. 6. Novak Perez gave the bank a 90-day, 10% note for $7,200 on December 1, 2017. Rent of the building is $803 per month. The rent for 2017 has been paid, as has that for January 2018, and recorded as Rent Expense. 8. Office salaries and wages earned but unpaid December 31, 2017, $2,718. (a) Prepare a complete worksheet. (b) From the worksheet, prepare annual adjusting entries as of December 31, 2017. (c) Prepare an income statement for 2017. (d) Prepare a statement of owner's capital for 2017. Novak Perez withdrew $17,080 cash for personal use during the year. (Drawings are recorded directly to the Owners Capital account.) (e) Prepare a balance sheet for 2017