Question five (10 Marks) Hercules Company ended its fiscal year on August 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as shown below. Hercules Company Adjusted Trail Balance August 31, 2020 Credit Debit $ 10,900 6,200 3,600 10,600 Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation- equipment Account payable Unearned service revenue Owner's capital Owner's drawings Service revenue Depreciation expense Salaries and wages expense Utilities expense $ 5,400 3,400 1,200 31,700 12,000 42,400 2,700 28,000 10,100 $ 84,100 $84,100 Instructions: 1. Prepare the closing entries at August 31, 2020. 2. Post to owner's capital, income summary and owner's drawing accounts. 3. Prepare a post-closing trail balance at August 31, 2020