Shown below is the adjustedtrial balanceofDynable Store on December 31, 1999:

10 20 21 30 4o 50 70 71 210 220 240 250 U'IEJ'IEJ'I-li'h-li'L Ch 520 530 540 550 560 50 580 600 230 160 420 590 Account Titles Cash Accounts Receivable Allowance for Bad Debts Notes Receivable Merchandise Inventory, January 1 Store Supplies on Hand Furniture and Fixtures Accumulated Depreciation Accounts Payable Notes Payable VAT Payable Unearned Interest Income Diana, Capital Diana, Drawing Sales Sales Discounts Purchases Freight In Purchase Returns and Allowances Freight lOut Taxes and Licenses Salaries and Wages Rent Expense Utilities Expense Store Supplies Used Depreciation Expense Interest Expense Interest Payable Prepaid Rent Interest Income Bad Debts Expense Total Debit 400,000 55,000 51 ,000 l670,000 3,000 120,000 1 5,003 2,003 860,003 5,003 3,00 3 1 2,00 3 60,003 14,003 1 5,003 2,003 4,003 1,003 4,000 1,000 2,297,000 The merchandise inventory at December 31, 2020 amounted to P650000 Credit 3,000 1 0,000 40,800 20,000 3,800 4,000 1,043,400 1,167,000 3,000 1 ,000 1 ,000 2,297,00 0 Required: Using the solution guides provided you are required to prepare the following: 1. Income Statement in good form 2. Balance Sheet in good form 3. Closing Entries 4. Post-Closing Trial Balance