Lester Company Adjusted Trial Balance At December 31, 2021 105 Cash 107 Accounts receivable 108 AFDA 120 Prepaid insurance 200 Accounts payable 205 Unearned revenue 300 Share capital 305 Retained earnings 308 Dividends 401 Service revenue 405 Rent revenue 407 Interest revenue 600 Legal expense 605 Maintenance expense 607 Wages expense 610 Repairs expense Debit Credit $ 143,000 80,000 $ 8,000 15,000 65,000 20,000 30,000 25,000 5,000 250,000 25,000 5,000 20,000 5,000 150,000 10,000 $ 428,000 $ 428,000 Required: 1. Journalize the closing entries in the general journal. (8 marks) 2. Calculate the ending balance of Retained earnings for the year. You must show all your calculations. (2 marks) Question 3(15 Marks)