RP TRADING CORPORATION was incorporated on January 1, 2021 and has been authorized to issue 5,000 shares of 12% non-cumulative, non-participating preference share with $120 par value per share and 80,000 ordinary shares of stock with $20 par value per share. Below is the companys trial balance as of December 31, 2021, as prepared by one of the companys management trainees:

Account Title	Debit	Credit
Cash	$1164000
Accounts Receivable	480000
Allowance for Doubtful Accounts		$0
Receivable from Highest Bidder	0
Inventories (beginning)	280000
Store Supplies	36000
Office Supplies	42000
Store Furniture and Fixtures	550000
Accumulated Depreciation Store Furniture and Fixtures		0
Office Equipment	450000
Accumulated Depreciation Office Equipment		0
Accounts Payable		582000
Salaries Payable		0
Unearned Sales		128000
Cash Dividends Payable preference		0
Cash Dividends Payable ordinary		0
12% Preference Share Capital		240000
Subscribed Share Capital preference		120000
Subscriptions Receivable preference	60000
Ordinary Share Capital		1200000
Subscribed Share Capital ordinary		400000
Subscriptions Receivable ordinary	200000
Share Premium preference		100000
Share Premium ordinary		120000
Share Premium treasury shares		0
Accumulated Profits Free		0
Accumulated Profits Appropriated for Treasury Shares		0
Treasury Shares ordinary (8,000 shares at cost)	336000
Sales		5998000
Purchases	3110000
Store Salaries Expense	560000
Store Supplies Expense	0
Depreciation Expense Store Furniture and Fixtures	0
Miscellaneous Distribution Costs	22000
Office Salaries Expense	660000
Utilities Expense	540000
Rent Expense	360000
Office Supplies Expense	0
Depreciation Expense Office Equipment	0
Doubtful Accounts Expense	0
Miscellaneous Administrative Expenses	38000
Income Summary		0
TOTAL	$888000	$888000

After careful investigation, it was noted that the following transactions and year-end adjustments were not yet incorporated in the trial balance:

Date	Transaction
Dec 15	Re-issued 6,000 of the treasury shares for $45 per share
20	Manila's subscription was declared delinquent. The company paid $5,000 for costs related tp public action. The trial balance included Manila's subscription of 2,000 ordinary shares for $48 per share which he paid 50% of total subscription price.
25	The highest bidder was found during the auction who was willing to receive 900 ordinary shares
31	Unrecorded and unpaid store salaries expenses as of year-end amounted to $30,000
31	1/3 of store supplies and 30% of office supplies remained unused as of year-end
31	1/4 of unearned sales account balance had been earned as of year-end
31	Store furnitures and fixtures are expected to have a 5 year useful life with 20% salvage value. Office equipment is expected to have 10 years useful life with no residual value. All fixed assets were purchased at the beginning of the year and are depreciated using the straight-line method
31	It is company policy to maintain 8% of outstanding accounts receivable as doubtful of collection
31	Based on inventory count, ending inventory amounted to $260,000.
31	Recorded the company's net income or net loss for the year.
31	Appropriated accumulated profits for the cost of remaining treasury shares

Prepare a General journal (Journal entries), Balance worksheet, statement of profit and loss, and statement of financial position. Thank you!