MONTH-END PROCEDURES - After you have recorded all the transactions, go to page 12 of the instructions and Flowcharts book and complete all the month-end procedures. An additional month-end requirement for this project is: Yes Monthly Statement - Prepare a monthly statement (Doc. No. 15) for Rosemont University. YEAR-END PROCEDURES - After completing all the month-end procedures, go to page 14 of the instructions and Fiowcharts book and complete all the year-end procedures. Additional information for the year-end procedures is: Ending Inventory - A physical inventory was taken 1/1/23, before business began for the new year. Merchandise on hand cost $194,445.00. Bad Debt Expense - The expense for bad debts is estimated at the end of the year as one half of one percent (0.005) of net sales. Marketable Securities - At December 31, 2022, the market value of marketable securities held by Waren approximated the cost of the securities. The project is now complete. Good work! Review your materials to make certain evetything is finalized. Complete the filing of documents, records, and working papers using the file tabs and the envelope in which the Aid is packaged. File all materials as indicated in the flowcharts