Please do not answer if you won't answer all the question. It will be an automatic thumbs down if every single question is not answered.

Required information [The following information applies to the questions displayed below.] Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2018, appears below. Credits Debits 38,850 49,000 1,400 69,000 22,200 0 1,800 0 76,000 tote payable Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation office equipment Accounts payable Salaries and wages payable Note Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 28,500 28,000 0 52,200 0 0 60,000 19,000 193,000 0 86,850 17,400 9,900 0 0 900 4,600 2,800 380, 700 380, 700 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $9,500. 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $1,200. 3. On October 1, 2018, Pastina borrowed $52,200 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, 2018, the company lent a supplier $22,200 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019. 5. On April 1, 2018, the company paid an insurance company $4,600 for a two-year fire insurance policy. The entire $4,600 was debited to insurance expense. 6. $740 of supplies remained on hand at December 31, 2018. 7. A customer paid Pastina $1,440 in December for 1,200 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue. 8. On December 1, 2018, $1,800 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $900 per month. For requirement 4, Assume that no common stock was issued during the year and that $3,600 in cash dividends were paid to shareholders during the year. 4. Prepare the income statement, statement of shareholders' equity and classified balance sheet for the year ended December 31, 2018. Complete this question by entering your answers in the tabs below. Income Statement Statement of SE Balance Sheet Prepare the income statement for the year ended December 31, 2018. (Other expenses should be indicated with a minus sign.) PASTINA COMPANY Income Statement For the Year Ended December 31, 2018 Complete this question by entering your answers in the tabs below. Income Statement Statement of SE Balance Sheet Prepare the statement of shareholders' equity for the year ended December 31, 2018. PASTINA COMPANY Statement of Shareholders' Equity For the Year Ended December 31, 2018 Retained Common Stock Total Shareholders' Equity Earnings Balance at January 1, 2018 Balance at December 31, 2018 Complete this question by entering your answers in the tabs below. Income Statement Statement of SE Balance Sheet Prepare the classified balance sheet for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) PASTINA COMPANY Balance Sheet At December 31, 2018