It would be great if you can solve the following question in a clear and detailed manner with calculation. TYSM!

Black Widow Corporation is a small private corporation thatsells desk top printers to local businesses and schools. On May 1,2022 , the following were the account balances of Black Widow Corporation: During May 2022, the following transacfions book place: May 1: Bought 200 desk bp printers for $140 each on account. May 1: Boughta van, paying $10500 cash as a down paymentand signed a 7 month $22000,6% note payable for the balance. The company paid $600 to have its company logo prinfed on the side of the van. The residual value is $8000. The old van was sold for $6500; itcost $32000 and acculumated depreciation up to the date ofdisposal was $30000. May 10: Sold 100 printers to Groot inc.on account. May 12: May 20: Sold 8 printers to Hulk Inc.using a VISAcard to pay for the transaction. A4.5\% service fee is charged by VISA. May 22: Sold 95 printers to Sleve Rogers Public School on account. May 24: Returned for credit 4 damaged printers from Groot inc., costing $210 each. May 28: Received paymentin full from Groot lnc. for tha balance owing. May 28: Wrote offas uncollectable $3750 of accounts receivable. May 29: Paid accounts payable, $9000. May 30: Recovered an accounts receivable thatwas written off in April, $500. May 31: Paid operating expenses btalling $45500. May 31: Recorded depreciation on the van and the furniture \& fxtures. The company uses straight-line depreciafion for the van. The van is estimated to be used for 8 years. The furniture \& fxtures are depreciated using the straight-line method over 5 years. There is no residual value on the furniture and fixtures. May 31: Recorded intereston the note payable. May 31: Recorded intereston the notes receivable. May 31: The company records the bad debtexpense based on the aging of accounts receivables, which follows: Other Information: 1) The selling price for each of the printers is $450. 2) Black Widow Corporation uses the FIFO method under the perpetual inventory sys tem to account for inventory. 3) In the past, Black Widow Corporation has used the following accounts on their financials tatements: Bad DebtExpense, Costof Goods Sold, Credit Card Fee, Depreciation Expense, Gain on Sale, InterestExpense, InterestPayable, InterestReceivable, InterestRevenue, Loss on Sale, Notes Payable, Noles Receivable, Operafing Expenses, Sales Returns, Sales Revenue. Notall accounts have been used each period. Required: 1) Prepare the journal entries for the transactions including any adjus fing journal entries for the month of May 31,2022 . Place your answer under "Requirement 1 " in the "Answer" tab. Areminder to round all final numbers to the nearestdollar. Do notround during calculations. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out in their enfirety. Areminder to only use the accounts given in the ques tion. Explanations are notrequired. 2) Prepare an adjus ted trial balance as at May 31, 2022. Place your answer under "Requirement 2 " in the "Answer" tab. Place your account filles in column H, debits in column land credits in column J. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their enfirety. Areminder to only use the accounts given in the ques tion. 3) Prepare the multi-s lep Income Statement for the month of May 2022. Ignore income taxes. Place your answer under "Requirement 3 " in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them out their enfirety. Areminder bonly use the accounts given in the question. 4) Prepare a classified Balance SheetatatMay 31,2022. Place your answer under "Requirement4" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out their enfirety. Areminder to only use the accounts given in the ques fion. 5) Assume Black Widow Corporafion overstated its ending inventory by $1400. How does this affectcostofgoods sold, gross profit, and netincome in the year itwas discovered? If the error is undelected, what the impacton costofgoods sold, gross profit, and netincome for the following year. Place your answer under "Requirement 5 " in the "Answer" tab using the drop down menus. Enter any type responses in the designated spots. 6) Assume thatBlack Widow Corporation used the LCNRV to reportinventory on the balance sheet. The NRV of $600 is less than the FIFO cost. Prepare the journal entry. Place your answer under "Requirement 6 " in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out their enfirety. Areminder to only use the accounts given in the ques fion. Explanafions are notrequired. Black Widow Corporation is a small private corporation thatsells desk top printers to local businesses and schools. On May 1,2022 , the following were the account balances of Black Widow Corporation: During May 2022, the following transacfions book place: May 1: Bought 200 desk bp printers for $140 each on account. May 1: Boughta van, paying $10500 cash as a down paymentand signed a 7 month $22000,6% note payable for the balance. The company paid $600 to have its company logo prinfed on the side of the van. The residual value is $8000. The old van was sold for $6500; itcost $32000 and acculumated depreciation up to the date ofdisposal was $30000. May 10: Sold 100 printers to Groot inc.on account. May 12: May 20: Sold 8 printers to Hulk Inc.using a VISAcard to pay for the transaction. A4.5\% service fee is charged by VISA. May 22: Sold 95 printers to Sleve Rogers Public School on account. May 24: Returned for credit 4 damaged printers from Groot inc., costing $210 each. May 28: Received paymentin full from Groot lnc. for tha balance owing. May 28: Wrote offas uncollectable $3750 of accounts receivable. May 29: Paid accounts payable, $9000. May 30: Recovered an accounts receivable thatwas written off in April, $500. May 31: Paid operating expenses btalling $45500. May 31: Recorded depreciation on the van and the furniture \& fxtures. The company uses straight-line depreciafion for the van. The van is estimated to be used for 8 years. The furniture \& fxtures are depreciated using the straight-line method over 5 years. There is no residual value on the furniture and fixtures. May 31: Recorded intereston the note payable. May 31: Recorded intereston the notes receivable. May 31: The company records the bad debtexpense based on the aging of accounts receivables, which follows: Other Information: 1) The selling price for each of the printers is $450. 2) Black Widow Corporation uses the FIFO method under the perpetual inventory sys tem to account for inventory. 3) In the past, Black Widow Corporation has used the following accounts on their financials tatements: Bad DebtExpense, Costof Goods Sold, Credit Card Fee, Depreciation Expense, Gain on Sale, InterestExpense, InterestPayable, InterestReceivable, InterestRevenue, Loss on Sale, Notes Payable, Noles Receivable, Operafing Expenses, Sales Returns, Sales Revenue. Notall accounts have been used each period. Required: 1) Prepare the journal entries for the transactions including any adjus fing journal entries for the month of May 31,2022 . Place your answer under "Requirement 1 " in the "Answer" tab. Areminder to round all final numbers to the nearestdollar. Do notround during calculations. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out in their enfirety. Areminder to only use the accounts given in the ques tion. Explanations are notrequired. 2) Prepare an adjus ted trial balance as at May 31, 2022. Place your answer under "Requirement 2 " in the "Answer" tab. Place your account filles in column H, debits in column land credits in column J. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their enfirety. Areminder to only use the accounts given in the ques tion. 3) Prepare the multi-s lep Income Statement for the month of May 2022. Ignore income taxes. Place your answer under "Requirement 3 " in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them out their enfirety. Areminder bonly use the accounts given in the question. 4) Prepare a classified Balance SheetatatMay 31,2022. Place your answer under "Requirement4" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out their enfirety. Areminder to only use the accounts given in the ques fion. 5) Assume Black Widow Corporafion overstated its ending inventory by $1400. How does this affectcostofgoods sold, gross profit, and netincome in the year itwas discovered? If the error is undelected, what the impacton costofgoods sold, gross profit, and netincome for the following year. Place your answer under "Requirement 5 " in the "Answer" tab using the drop down menus. Enter any type responses in the designated spots. 6) Assume thatBlack Widow Corporation used the LCNRV to reportinventory on the balance sheet. The NRV of $600 is less than the FIFO cost. Prepare the journal entry. Place your answer under "Requirement 6 " in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviafions for your accounts. Spell them out their enfirety. Areminder to only use the accounts given in the ques fion. Explanafions are notrequired