. Prepare a classified statement of financial position at March 31, 2024. Journal entry worksheet 1 Record entry to close dividends declared and retained earnings accounts. Note: Enter debits before credits. Journal entry worksheet Record entry to transfer income or loss to retained earnings. Note: Enter debits before credits. Juan Real Estate Company (organized as a corporation on April 1, 2013) has completed the accounting cycle for the year ended March 31, 2024. Juan has also completed a correct trial balance as follows: Assuming a 40 percent tax rate. 4. Compute the net profit margin ratio and the return on equity. (Round the final answers to the nearest whole number) Journal entry worksheet Record entry to close expense and tax accounts. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits betore credits. 2. Prepare the journal entry to record income taxes for the year (not yet paid). (If no entry is required for a transaction/event, select No journal entry required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|c|}{ Liabilities } & \\ \hline Current Liabilities: & & \\ \hline & & \\ \hline & & \\ \hline Total current liabilities & & \\ \hline Long-Term Liabilities: & & \\ \hline & & \\ \hline Total liabilities & & \\ \hline \multicolumn{2}{|c|}{ Shareholders' Equity } & \\ \hline Total shareholders' equity & & \\ \hline Total liabilities and shareholders' equity & & \\ \hline \hline \end{tabular} 1. Prepare a statement of earnings for the fiscal year ended March 31, 2024. (Round "Earnings per share" to 2 decimal places.) \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ JUAN REAL ESTATE COMPANY } \\ \hline \multicolumn{2}{|c|}{ Statement of Earnings } \\ \hline Revenues: & \\ \hline & \\ \hline & \\ \hline Total revenues & \\ \hline Operating Expenses: & \\ \hline & \\ \hline & \\ \hline & \\ \hline Total operating expenses & \\ \hline Earnings from operations & \\ \hline Non-operating items & \\ \hline & \\ \hline Earnings before income taxes & \\ \hline & \\ \hline \end{tabular}