PART A: Prepare the financial statements ( 6 pts total): Using the adjusted trial balance given above, prepare the following financial statements for Recover, Ltd. (be sure to indude proper headings for all financial statements!): 1) (2pts) Income statement for the fiscal year ended December 31,2022. 2) (2pts) Statement of Shareholders' Equity for the fiscal year ended December 31, 2022. Assume no additional stock was issued during the period and $750 in dividends (as given in the adjusted TB) were paid in cash during the period. 3) (2pts) Classified balance sheet as of December 31, 2022. PART B: The Closing Process (4pts): Using the adjusted trial balance for Recover, Ltd. given on the first page, please complete the following: 1) Record closing entries (2pts): Record all four closing journal entries Recover would make during the closing process on 12/31/2022. For revenue and expense accounts, don't forget to close to Tncome Summary' first before closing 'Income Summary to Retained Earnings. 2) Calculate the ending balance of Retained Earnings (1pt): Calculate the ending balance of Retained Earnings that would appear on the Balance Sheet as of 12/31/2022. Be sure to show all of your work. 3) Prepare a post-closing trial balance (1pt): Prepare a post-closing trial balance for Recover, Ltd, as of 12/31/2022 with the list of accounts in the following order: assets, llabilities, common stock, and retained earnings