Sheet for the Goggle Corporation on December 1, 2021 is reproduced below: Goggle Corporation: Balance Sheet as of December 1, 2021. Assets $ Cash 2500 3000 12900 60 Accounts Receivable Inventon Prepaid Rent Prepaid insurance Equipment Accum. Depreciation Total Assets 5000 Liabilities and Owners Equity Accounts Payable Wages Payable Dividends Payable Note Payable Retained Earnings Paid in Capital Total Liabilities & OE 480 The following events occurred during the month of December ber. 1. The company sold goods on open account for $27900 during the month. 2. The company sold goods for $1800 cash. 3. The cost of the goods that were sold during the month were $12600. 4. Wages owed to employees in the amount of $160 were paid 5. Dividends in the amount of $700 were paid to shareholders 6. Wages earned but unpaid during the month were $ 1800 7. Cash was received from credit customers in the amount of $12600 8. Rent was used up in the amount of $10. 9. Depreciation expense in the amount of $500 was recognized. 10. The note payable of 5800 was repaid. 11. The company purchased additional equipment in exchange for a $9000 note payable. 12. Dividends in the amount of 5800 were declared. 13. On the last day of the month, an insurance policy was purchased for $480 cash. 14. Inventory was purchased for $5000 on open account 15. Accounts payable in the amount of $100 were paid in cash. Required 1. Prepare journal entries to record each of these events. Post all revenue and expense items to separate accounts and use an accumulated depreciation account. 2. Prepare a trial balance. 3. Prepare a monthly Income Statement and Balance Sheet as of December 31, 2021. Upon completion, enter the following balance sheet amounts here tenter Enarativnim 3. Prepare a monthly Income Statement and Balance Sheet as of December 31, 2021. Upon completion, enter the following balance sheet amounts here (enter accumulated depreciation as a negative number): Cash: Accounts Receivable: Inventory Prepaid Rent Prepaid Insurance Equipment Accum. Depreciation: Accounts Payable Wages Payable: Dividends Payable Note Payable: Retained Earnings Paid in Capital