The account balances of Lucern Company as of June 30 , the end of the current fiscal year, are as follows: 2. Assume that after completing the statement of owner's equity the amount for B. Lucern, Capital, June 30,20 - is $15,460. Prepare a balance sheet. Lucern Company Balance Sheet June 30, 20- Assets Total Assets Labilites Total Liabilities Owner's Equity Total Liabilities and Owner's Equity 1. Journalize the closing entries with the four steps in the correct sequence. Data for the adjustments are as follows: a. Expired or used up insurance, $605. b. Depreciation expense on equipment, $800. c. Depreciation expense on the van, $1,300. d. Salary accrued (earned) since the last payday, $705 (owed and to be paid on the next payday). e. Supplies used during the period, $285. If an amount box does not require an entry, leave it blank