'lNSTRUC-'I'IONS FOR FIHAL (om Week 7;) IMPORTANT NOTE: Make sure to completely review the Rubric for Final Project This page contains new information the must be included in the nal project but has not been in milesto ITEMS TO COMPLETE FOR THIS MILESTONE: GENERAL In preparation of the annual audit, prepare appropriate adjusting entries and post to the trial balance wo adjusted trial balance and the preliminary 2017 statements {yellow tabs) to prepare revised nancial statemen Calculate the impact on earnings per share that the expansion options will cause. (Orange tabs) ADJUSTING ENTRIES Prepare appropriate adjusting entries for patent Prepare appropriate adjusting entries for capitalization of machine repair ADJUSTED TRIAL BALANCE Prepare the adjusted trial balance REVISED FINANCIAL STATEMENTS Prepare a revised income statement include comprehensive income Prepare a revised retained earnings statement Prepare a revised balance sheet EARNINGS PER SHARE Determine the impact on earnings per share caused by each expansion plan option NOTES TO THE FINANCIAL STATEMENTS - Prepare in a Word document - see the rubric for nal project A. Compose appropriate footnotes within a statement of comprehensive income in accordance wi1 standards, such as GAAP, International Financial Reporting Standards. and SEC, as applicable. MANAGEMENT BRIEF - Prepare in a Word document - see the rubric for nal project