Note: The following four questions are independent of each other. Question A (3 Marks) On October 31, 2021, the company's year end, the unadjusted trial balance showed the Prepaid Rent account with a balance of $18,000. This was paid on July 1, 2021 and represents eight months of rent commencing on the same date. REQUIRED: Prepare the annual adjusting journal entry at October 31, 2021. Zoe Yu, the owner of Yu Promotions reported the following: Total assets, December 31, 2020 Total liabilities, December 31, 2020 Net income for the year ended December 31, 2021 Owner drawings for the year ended December 31, 2021 $ 87,000 32,000 43,000 29,600 REQUIRED: Calculate the closing capital balance at December 31, 2021 (show and label your calculation)