Sheridan Corporations trial balance at December 31, 2022, is presented below. All 2022 transactions have been recorded except for the items described below.

		Debit		Credit
Cash		$29,070
Accounts Receivable		58,140
Inventory		25,878
Land		74,100
Buildings		108,300
Equipment		45,600
Allowance for Doubtful Accounts				$513
Accumulated DepreciationBuildings				34,200
Accumulated DepreciationEquipment				16,416
Accounts Payable				22,002
Interest Payable				0
Dividends Payable				0
Unearned Rent Revenue				9,120
Bonds Payable (10%)				57,000
Preferred Stock ($20 par)				0
Paid-in Capital in Excess of ParPreferred Stock				0
Common Stock ($10 par)				34,200
Paid-in Capital in Excess of ParCommon Stock				6,840
Retained Earnings				85,557
Treasury Stock		0
Cash Dividends		0
Sales Revenue				649,800
Rent Revenue				0
Bad Debt Expense		0
Interest Expense		0
Cost of Goods Sold		456,000
Depreciation Expense		0
Other Operating Expenses		44,460
Salaries and Wages Expense		74,100
Total		$915,648		$915,648

Unrecorded transactions and adjustments:

1.		On January 1, 2022, Sheridan issued 1,140 shares of $20 par, 6% preferred stock for $25,080.
2.		On January 1, 2022, Sheridan also issued 1,140 shares of common stock for $26,220.
3.		Sheridan reacquired 342 shares of its common stock on July 1, 2022, for $49 per share.
4.		On December 31, 2022, Sheridan 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.		Sheridan estimates that uncollectible accounts receivable at year-end are $5,814.
6.		The building is being depreciated using the straight-line method over 30 years. The salvage value is $5,700.
7.		The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $4,560.
8.		The unearned rent was collected on October 1, 2022. It was 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.

(Ignore income taxes.)

A.) Prepare journal entries for the transactions and adjustment listed above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

B.) Prepare an updated December 31, 2022, trial balance, reflecting the journal entries in part(a).

C.)Prepare a multiple-step income statement for the year ending December 31, 2022. (List other revenues before other expenses.)

D.) Prepare a retained earnings statement for the year ending December 31, 2022. (List items that increase retained earning first.)

E.) Prepare a classified balance sheet as of December 31, 2022. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment. Enter account name only and do not provide descriptive information.)