Sunny's Emporium had the following transactions in April, $2024,$ the final month in their fiscal year: TRANSACTIONS April $1$ April $1$ April $29$ April $30$ April $30$ Required: Sold a fully depreciated delivery truck for $$15,000.$ A new delivery truck is delivered at a total cost of $$126,000.$ The truck has an expected useful life of $7$ years, with no residual value and will be depreciated using the straight line method The company made a downpayment of $$25,000$ and issued a $4-$year $6\%$ note for the balance. The note requires annual payments of $$29,150,$ including interest and principal, be made on March $31,2025,2026,2027$ and $2028.$ Petty cash on hand was $$27.$ Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: Store supplies, $$56.$ Express charges on merchandise sold, $$165($Delivery Expense$).$ Office supplies, $$123.$ Repair to office file cabinet lock, $$120($Miscellaneous Administrative Expense$).$ Sold a $200,00015-$year bond, with semi$-$annual interest at $6\%$ when market interest rate was $8\%$ The cash sales for the month, according to the cash register records, totaled $$27,525,$ including sales tax of $$2,525.$ The actual cash received from these cash sales was $$27,537.$ Cost of goods sold related to these sales was $$17,450.$ ROUND ALL CALCULATIONS TO THE WHOLE DOLLAR!!!! $1$ Journalize the transactions. Assume a $360$ day year for all transactions related to interest calculations. $2$ Complete the worksheet. Adjusting entries have not been made at any time this year. Here is the information you need to calculate the adjusting entries $($note: the General Ledger is your friend in this!; Evaluation of the years sales indicated that warranties related to current years sales were $$16,000.$ b The note receivable in the general ledger is an $8\%$ eight month note received on February $1,2024$ that due is on September $30,2024$ There notes payable balance relates to the delivery truck purchase on April $1.$ The interest rate anc payment information is provided in the transaction above. The company purchased an annual insurance liability policy on January $1,2024.$ Office supplies on hand at April $30$ were $$3,200$ and store supplies on hand were $$5,000.$ ef Depreciation on the building is calculated using straight line with a $40$ year life and $$100,000$ residual value Depreciation for the office equipment is calculated using double declining balance method, has a five year life and was purchased three years ago $(2$ years of depreciation has been recorded$).$ Information related to the depreciation calculation for the delivery truck is in the transactions above. Payroll for April is going to be paid in early May. Salaries earned were $$24,000.$ The FICA rate is $7\mathrm{.}65\%$ and is paid by both the employee and the employer. Employee income taxes are withheld at a rate of $15\%.$ Federal and state unemployment limits were reached in March so they are not a factor. $3$ Journalize and post the adjusting entries. $4$ Prepare a multiple$-$step income statement. $5$ Prepare a statement of stockholders' equity. $6$ Prepare a balance sheet. $7$ Journalize and post the closing entries. $8$ Prepare a post$-$closing trial balance.