retained earnings statement & balance sheet please
Comprehensive Accounting Cycle Review ACR15 Quigley Corporation's trial balance at December 31,2022 , is presented below. All 2022 transactions have been recorded except for the items described below. 1. On January 1, 2022, Quigley issued 1,000 shares of $20 par, 6\% preferred stock for $22,000. 2. On January 1, 2022, Quigley also issued 1,000 shares of common stock for $23,000. 3. Quigley reacquired 300 shares of its common stock on July 1, 2022, for $49 per share. 4. On December 31, 2022, Quigley declared the annual cash dividend on the preferred stock and a \$1.50 per share dividend on the outstanding common stock, all payable on January 15,2023 . 5. Quigley estimates that uncollectible accounts receivable at year-end are $5,100. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $5,000. 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $4,000. 8. The unearned rent was collected on October 1,2022 . It was the receipt of 4 months' rent in advance (October 1, 2022 through January 31, 2023). 9. The 10% bonds payable pay interest every January 1 . The interest for the 12 months ended December 31 , 2022 , has not been paid or recorded. Instructions (Ignore income taxes.) a. Prepare journal entries for the transactions and adjustment listed above. b. Prepare an updated December 31,2022 , trial balance, reflecting the journal entries in (a). c. Prepare a multiple-step income statement for the year ending December 31,2022 . d. Prepare a retained earnings statement for the year ending December 31,2022 . e. Prepare a classified balance sheet as of December 31,2022 . 30(d) Quigley Corporation Retained Earnings Statement \begin{tabular}{ll|l} 34 & 1 & Balance, 1/1 \\ \hline 35 & 2 & \end{tabular} For the Year Ended December 31, 2022 396 407 418 \begin{tabular}{rr|} 42 & 9 \\ 43 & 10 \\ \hline 44 & 11 \end{tabular} 4411 \begin{tabular}{|l|l} 45 & 12 \\ \hline 46 & 13 \end{tabular} 4613 4714 4815 49