Meyer Lumber of Hinton for the year ended December 31, 2022: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity, and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages. Additional Data (for Problem P8-5A) Questions, Classroom Demonstration Exercises, Exercises, and Problems \begin{tabular}{|c|c|c|} \hline 220 & Accounts Payable & 1,160 \\ \hline 221 & Accrued Wages & \\ \hline 330 & L. Meyer, Capital & 7,352 \\ \hline 331 & L. Meyer, Withdrawals & 3,000 \\ \hline 332 & Income Summary & - \\ \hline 440 & Sales & 22,800 \\ \hline 441 & Sales Returns and Allowances & 200 \\ \hline 550 & Cost of Goods Sold & 14,215 \\ \hline 660 & Wages Expense & 2,480 \\ \hline 661 & Advertising Expense & 400 \\ \hline 662 & Rent Expense & 830 \\ \hline 663 & Depreciation Expense, Lumber Equipment & - \\ \hline 664 & Lumber Supplies Expense & - \\ \hline 665 & Insurance Expense & - \\ \hline \end{tabular} Additional Data (for Problem P8-5A) a. Physical count of inventory, December 31 $4,420 b. Lumber supplies on hand, December 31 110 Questions, Classroom Demonstration Exercises, Exercises, and Problems Comprehensive problem: preparing the worksheet; preparing financial reports; journalizing and posting adjusting and closing entries; preparing a post-closing trial balance; journalizing a reversing entry (1) (2) (3) (4) (150 min)