Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31 The unadjusted trial balance as of December 31, 2021, appears below. Debits Credits 36,100 3,200 63,400 23,400 2,700 93,600 35, 100 34,400 53,400 Account Title Cash Accounts receivable Supplies Inventory Slotes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Coat of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totala 3,700 83,800 37,000 7,400 163,000 87.000 20,600 12,700 2.800 4,700 410,400 410.400 Information necessary to prepare the year-end adjusting entries appears below 1 Depreciation on the office equipment for the year is $11.700 2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th and on the 7th of the following month for salaries earned from the 16th through the end of the month Salaries earned from December 16 through December 31, 2021, were $1650. 3. On October 1, 2021. Pastina borrowed $53.400 from a local bank and signed a note. The note requires Interest to be paid annually on September 30 at 12%. The principal is due in 10 years 4. On March 1, 2021, the company lent a supplier $23.400 and a note was signed requiring principal and Interest at 8% to be paid on February 28, 2022 5. On April 1, 2021, the company paid an insurance company $9.400 for a two-year fire Insurance policy. The entire $9.400 was debited to prepaid Insurance 6. $980 of suppiles remained on hand at December 31, 2021 7. A customer paid Pastina $3.700 in December for 1600 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue. 8. On December 1, 2021, $2.700 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1350 per month. The entire amount was debited to prepaid rent. 3. Prepare an adjusted trial balance. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar) Credits PASTINA COMPANY Adjusted Trial Balance December 31, 2021 Account Title Debits Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dvidends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals SO 4. Prepare an income statement and a statement of shareholders' equity for the year ended December 31, 2021, and a classified balance sheet as of December 31, 202L Assume that no common stock was issued during the year and that $7.400 in cash dividends were paid to shareholders during the year. Complete this question by entering your answers in the tabs below. Income Stateme... Balance Stateme.. of SE Sheet Prepare the income statement for the year ended December 31, 2021. (Other expenses should be indicated with a minus sign.) PASTINA COMPANY Income Statement For the Year Ended December 31, 2021 0 S0 Income Statement Statement of SE > 4. Prepare an income statement and a statement of shareholders' equity for the year ended December 31, 2021, and a classified balance sheet as of December 31, 202L Assume that no common stock was issued during the year and that $7,400 in cash dividends were paid to shareholders during the year. Complete this question by entering your answers in the tabs below. Income Stateme... Balance Stateme... of SE Sheet Prepare the statement of shareholders' equity for the year ended December 31, 2021. PASTINA COMPANY Statement of Shareholders' Equity For the Year Ended December 31, 2021 Common Retained Total Stock Earnings Shareholde Balance at January 1, 2021 Stock Earnings Equity Balance at December 31, 2021 Income Stateme.Balance Stateme... of SE Sheet Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) PASTINA COMPANY Balance Sheet At December 31, 2021 Assets Liabilities and Shareholders' Equity 3