need help on the last picture. Its part of a project.

Sarasota Corp. prepares quarterly financial statements. The post-closing trial balance at December 31, 2021, is presented below. SARASOTA CORP Post-Closing Trial Balance December 31, 2021 Debit Credit Cash $23,200 22 200 Accounts Receivable Allowance for Doubtful Accounts $1,400 Equipment 22,000 Accumulated Depreciation Equipment 13,000 Buildings 109,000 Accumulated Depreciation-Buildings 13,000 Land 20.000 Accounts Payable 12,060 Common Stock 87,000 Retained Earnings 69,940 $196,400 $196,400 During the first quarter of 2022, the following transactions occurred: 1. On February 1, Sarasota collected fees of $15,600 in advance. The company will perform $1,300 of services each month from February 1, 2022, to January 31. 2018 2. On February 1, Sarasota purchased computer equipment for $8,325 plus sales taxes of $675. $2.775 cash was paid with the rest on account. Check 8455 was used 3. On March 1, Sarasota acquired a patent with a 10-year life for $9.000 cash. Check 456 was used. 4. On March 28, Sarasota recorded the quarter's sales in a single entry. During this period, Sarasota had total sales of $180,000 (not including the sales referred to in item 1 above). All of the sales were on account. 5. On March 29. Sarasota collected $173,000 from customers on account. 6. On March 29. Sarasota paid $16,060 on accounts payable. Check #457 was used. 7. On March 29, Sarasota paid other operating expenses of $96,500. Check#458 was used. 8. On March 31, Sarasota wrote off a receivable of $100 for a customer who declared bankruptcy. 9. On March 31, Sarasota sold for $1,980 equipment that originally cost $13,000. It had an estimated life of 5 years and salvage of $1,000. Accumulated depreciation as of December 31, 2021, was $9.600 using the straight line method. (Hint: Record depreciation on the equipment sold, then record the sale.) Bank reconciliation data and adjustment data: 1. The company reconciles its bank statement every quarter. Information from the December 31, 2021. bank reconciliation is: 3.300 Deposit in transit: 12/30/2021 $4,000 Outstanding checks 1440 #452 400 N453 900 1454 5,845 The bank statement received for the quarter ended March 31, 2022, is as follows: Beginning balance per bank $29,645 Deposits: 1/2/2022.54,000; 2/2/2022,515,600:3/30/2022, 5173.000 192.600 Checks: 452, 5400; 1453. $900, 1457516060;#458, 596,500 (113,860) Debit memo: Bank service charge (record as operating expense) (100) Ending bank balance $108,285 2. Record revenue earned from item 1 above. 3. $26,000 of accounts receivable at March 31, 2022, are not past due yet. The bad debt percentage for these is 4%. The balance of accounts receivable are past due. The bad debt percentage for these is 2400%. Record bad debt expense. (Hint: You will need to compute the balance in accounts receivable before calculating this.) 4. Depreciation is recorded on the equipment still owned at March 31, 2022. The new equipment purchased in February is being depreciated on a straight-line basis over 5 years and salvage value was estimated at $900. The old equipment still owned is being depreciated over a 10-year life using straight-line with no salvage value 5. Depreciation is recorded on the building on a straight-line basis based on a 30 year life and a salvage value of $16,000. 6. Amortization is recorded on the patent. 7. The income tax rate is 30%. This amount will be paid when the tax return is due in April. (Hint: Prepare the income statement up to income before taxes and multiply by 30% to compute the amount.) Prepare a bank reconciliation in good form. (List items that increase balance as per bank first.) Sarasota Corp Bank Reconciliation 3/31/22 Balance Per Bank 108285 Add Deposits in Transit 192600 Less Outstanding Checks 3.300 i 5550 #456 9000 i 2430 Adjusted Balance Per Bank 25 Balance Per Books Bank Service Charge Adjusted Balance Per Books Journalize entries related to bank reconciliation and all adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, s. 5,275.) No. Date Account Titles and Explanation Debit Credit 1. 3/31/2022 2 3/31/2022 3. 3/31/2022 4. 3/31/2022 5. 3/31/2022 6. 3/31/2022 7. 3/31/2022 Sarasota Corp. prepares quarterly financial statements. The post-closing trial balance at December 31, 2021, is presented below. SARASOTA CORP Post-Closing Trial Balance December 31, 2021 Debit Credit Cash $23,200 22 200 Accounts Receivable Allowance for Doubtful Accounts $1,400 Equipment 22,000 Accumulated Depreciation Equipment 13,000 Buildings 109,000 Accumulated Depreciation-Buildings 13,000 Land 20.000 Accounts Payable 12,060 Common Stock 87,000 Retained Earnings 69,940 $196,400 $196,400 During the first quarter of 2022, the following transactions occurred: 1. On February 1, Sarasota collected fees of $15,600 in advance. The company will perform $1,300 of services each month from February 1, 2022, to January 31. 2018 2. On February 1, Sarasota purchased computer equipment for $8,325 plus sales taxes of $675. $2.775 cash was paid with the rest on account. Check 8455 was used 3. On March 1, Sarasota acquired a patent with a 10-year life for $9.000 cash. Check 456 was used. 4. On March 28, Sarasota recorded the quarter's sales in a single entry. During this period, Sarasota had total sales of $180,000 (not including the sales referred to in item 1 above). All of the sales were on account. 5. On March 29. Sarasota collected $173,000 from customers on account. 6. On March 29. Sarasota paid $16,060 on accounts payable. Check #457 was used. 7. On March 29, Sarasota paid other operating expenses of $96,500. Check#458 was used. 8. On March 31, Sarasota wrote off a receivable of $100 for a customer who declared bankruptcy. 9. On March 31, Sarasota sold for $1,980 equipment that originally cost $13,000. It had an estimated life of 5 years and salvage of $1,000. Accumulated depreciation as of December 31, 2021, was $9.600 using the straight line method. (Hint: Record depreciation on the equipment sold, then record the sale.) Bank reconciliation data and adjustment data: 1. The company reconciles its bank statement every quarter. Information from the December 31, 2021. bank reconciliation is: 3.300 Deposit in transit: 12/30/2021 $4,000 Outstanding checks 1440 #452 400 N453 900 1454 5,845 The bank statement received for the quarter ended March 31, 2022, is as follows: Beginning balance per bank $29,645 Deposits: 1/2/2022.54,000; 2/2/2022,515,600:3/30/2022, 5173.000 192.600 Checks: 452, 5400; 1453. $900, 1457516060;#458, 596,500 (113,860) Debit memo: Bank service charge (record as operating expense) (100) Ending bank balance $108,285 2. Record revenue earned from item 1 above. 3. $26,000 of accounts receivable at March 31, 2022, are not past due yet. The bad debt percentage for these is 4%. The balance of accounts receivable are past due. The bad debt percentage for these is 2400%. Record bad debt expense. (Hint: You will need to compute the balance in accounts receivable before calculating this.) 4. Depreciation is recorded on the equipment still owned at March 31, 2022. The new equipment purchased in February is being depreciated on a straight-line basis over 5 years and salvage value was estimated at $900. The old equipment still owned is being depreciated over a 10-year life using straight-line with no salvage value 5. Depreciation is recorded on the building on a straight-line basis based on a 30 year life and a salvage value of $16,000. 6. Amortization is recorded on the patent. 7. The income tax rate is 30%. This amount will be paid when the tax return is due in April. (Hint: Prepare the income statement up to income before taxes and multiply by 30% to compute the amount.) Prepare a bank reconciliation in good form. (List items that increase balance as per bank first.) Sarasota Corp Bank Reconciliation 3/31/22 Balance Per Bank 108285 Add Deposits in Transit 192600 Less Outstanding Checks 3.300 i 5550 #456 9000 i 2430 Adjusted Balance Per Bank 25 Balance Per Books Bank Service Charge Adjusted Balance Per Books Journalize entries related to bank reconciliation and all adjusting entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, s. 5,275.) No. Date Account Titles and Explanation Debit Credit 1. 3/31/2022 2 3/31/2022 3. 3/31/2022 4. 3/31/2022 5. 3/31/2022 6. 3/31/2022 7. 3/31/2022