The completed financial statement columns of the spreadsheet for Sunland Company are shown as follows:

Sunland Company Worksheet For the Year Ended December 31, 2022
				Income Statement				Balance Sheet
Account No.		Account Titles		Dr.		Cr.		Dr.		Cr.
101		Cash						8,700
112		Accounts Receivable						10,700
130		Prepaid Insurance						2,800
157		Equipment						24,400
158		Accumulated DepreciationEquip.								4,400
201		Accounts Payable								8,900
212		Salaries and Wages Payable								2,300
301		Owners Capital								19,500
306		Owners Drawings						10,100
400		Service Revenue				59,500
622		Maintenance and Repairs Expense		1,600
711		Depreciation Expense		3,200
722		Insurance Expense		1,700
726		Salaries and Wages Expense		30,100
732		Utilities Expense		1,300
		Totals		37,900		59,500		56,700		35,100
		Net Income		21,600						21,600
				59,500		59,500		56,700		56,700

Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Prepare an owner's equity statement. (List items that increase owner's equity first.) Prepare a classified balance sheet. (List Current Assets in order of liquidity.) Liabilities and Owner's Equity $ $ Prepare the closing entries. L. Sunland did not make any additional investments during the year. (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.) Enter the balances from the adjusted trial balance and post the closing entries and calculate the balances of the accounts.(Post entries in the order of journal entries presented in the previous part.) Service Revenue No. 400 Maintenance and Repairs Expense No. 622 Depreciation Expense No. 711 Insurance Expense No. 722 Insurance Expense No. 722 Salaries and Wages Expense No. 726 Utilities Expense No. 732 Prepare a post-closing trial balance