The adjusted trial balance for Pacific Consulting Company, as of December 31, 2019, is shown below. Pacific Consulting Company Adjusted Trial Balance December 31, 2019 Credit Debit $ 30,500 23,200 3,950 2,600 48,500 Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation - equipment Accounts payable Unearned service revenue Salary payable Share capital Retained earnings Dividends Service revenue Salary expense Insurance expense Supplies expense Depreciation expense - equipment $ 18,800 3,500 8,700 1,650 24,000 20,000 6,000 70,300 25,850 2,900 1,850 1,600 $146,950 $146.950 Required: (a) Prepare the Income statement of Pacific Consulting Company for the year ended December 31, 2019. (7 marks) (b) Prepare the Statement of retained earnings of Pacific Consulting Company for the year ended December 31, 2019. (4 marks) (c) Prepare the Statement of financial position of Pacific Consulting Company as at December 31, 2019. (11 marks) (d) Prepare the necessary closing journal entries for Pacific Consulting Company at December 31, 2019. (Explanation of Journal Entry is not required) (8 marks)