The completed adjusted trial balance for Wildhorse Company is below. WILDHORSE COMPANY Adjusted Trial Balance December 31, 2021 Account No. Account Titles Dr. Cr. 101 Cash 8,000 112 Accounts receivable 10,700 130 Prepaid insurance 3,400 157 Equipment 23,400 158 5,000 Accumulated depreciation-equipment Accounts payable 201 10,000 212 Salaries payable 2,000 301 17,700 306 L. Wildhorse, capital L. Wildhorse, drawings Service revenue 10,800 400 60,900 622 2,700 Repairs expense Depreciation expense 711 1,500 722 Insurance expense 2,500 726 Salaries expense 30.400 Accounts payable 10,000 Salaries payable 2,000 L. Wildhorse, capital 17,700 L. Wildhorse, drawings 10,800 Service revenue 60,900 Repairs expense 2,700 Depreciation expense 1,500 Insurance expense 2,500 Salaries expense 30,400 Utilities Expense 2,200 Totals $95,600 $95,600 Prepare an income statement. WILDHORSE COMPANY Income Statement $ $ . . . $ (a2) Prepare a statement of owner's equity. L. Wildhorse did nt make any additional investments during the year. (List items that increase Owner's Equity first.) WILDHORSE COMPANY Statement of Owner's Equity Prepare a classified balance sheet. L. Wildhorse did not make any additional investments during the year. (List Current Assets in the order of liquidity.) WILDHORSE COMPANY Balance Sheet Assets $ : $ Liabilities and Owner's Equity $ 2 . $ Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 | (To close expense accounts) Dec. 31 (To close revenue account) Dec. 31 . (To close expense accounts) Dec. 31 (To close income summary) Dec. 31 (To close drawings) Past the closing entries and calculate the balance in each account. (Use T accounts.) Income Summary is account No. 350,(Post entries in the order of journal entries presented in the previous part. For balances ending in o select bal for the date and 0 for the amount for the normal balance of the account.) L. Wildhorse, Capital No. 301 L. Wildhorse, Drawings No. 306 Income Summary No. 350 Income Summary No. 350 Service Revenue No. 400 Repairs Expense Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 Salaries Expense No. 726 Salaries Expense No. 726 Utilities Expense No. 732 Prepare a post-closing trial balance. (Do not list those accounts that have zero ending balance.) WILDHORSE COMPANY Post-Closing Trial Balance . Debit Credit 4 $ $ $ + $ $ Totals