The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows Credit Debit $ 51,948 4,868 660 1,620 725 8,100 $ 405 20,000 Number Account Title 101 Cash 106 Accounts receivable 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 301 S. Rey, Capital 302 S. Rey. Withdrawals 403 Computer services revenue 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer Income summary Totals 1,250 1,400 480 2,200 65,000 7.100 40,234 405 1,250 3,375 540 2,175 3,285 2,683 870 180 1,185 901 $ 110,969 $ 110,969 Required: 1. Prepare an income statement for the three months ended December 31, 2021 2. Prepare a statement of owner's equity for the three months ended December 31, 2021. Hint The S. Rey, Capital account balance was $0 on October 1, and owner investments were $65.000 this period, 3. Prepare a classified balance sheet as of December 31, 2021 4. Record the closing entries as of December 31, 2021. 5. Prepare a post-closing trial balance as of December 31, 2021. View transaction list Journal entry worksheet Record the entry to close the Income summary account. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general journal Record the entry to close the withdrawals account. Note: Enter debits before credits Dato General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal