The adjusted trial balance for Kimberly Inc. is provided as of March 31, 2017:

Account name/title
	Debit	Credit
Cash	275,200
Accounts Receivable	4,000
Interest receivable	2,293
Inventory	8,400
Prepaid Rent	6,600
Plant, Property&Equipment	13,000
Accum. Depreciation-PP&E		100
Accounts Payable		5,100
Unearned Rent Revenue		1,725
Income Tax Payable		1,027
Interest Payable		2,000
Notes Payable		200,000
Common Stock		60,000
Retained Earnings		38,000
Sales Revenue		6,000
Rent Revenue		75
Interest Revenue		2,293
Cost of Goods Sold	3,100
Rent Expense	600
Depreciation Expense	100
Interest Expense	2,000
Income Tax Expense	1,027
Totals	$336,954	$336,954

Requirements:

1) Prepare the appropriate closing journal entries 

2) Prepare a multi-step income statement (including gross profit and other appropriate subtotals). 

3) Prepare a classified balance sheet.