Kanye West set up Yeezy Ugly Clothing V.I., Inc. on January 1, 2021. During the calendar year, Yeezy made the following transactions: a. Transferred $18,000 cash from a personal bank account in exchange for common stock. b. Paid January rent for office and workroom, $1,950. c. Purchased used automobile for $28,500, paying $5,700 cash and giving a note payable for the remainder. d. Purchased office computer equipment on account, $4,500 e. Paid cash for supplies, $1,875. f. Paid cash for annual insurance policies, $3,600. g. Received $13,650 cash from client for sweatshirts delivered on June 30th. h. Paid cash for miscellaneous expenses, $2,600. i. Paid cash to creditors on account, $3,000. Adjusting entries: j. Paid installment due on note payable for automobile of $950. k. Received invoice for design services, due in February 2022 of $3,750. 1. Recorded fees earned on clothing delivered, payment to be received in February, $21,900 m. Paid salary of assistants, $4,100. n. Paid gas, oil, and repairs on automobile for January, $1,300. (Note: Don't forget insurance) Required: a. Prepare general journal entries for the transactions above b. Post the journal entries into the general ledger c. Prepare an Unadjusted & Adjusted Trial Balance. d. Prepare Financial Statements (i.e., Income Statement, Retained Earnings Statement and the Balance Sheet).