The December 31, 2021, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2021) follows.

Number	Account Title	Debit	Credit
101	Cash	$ 50,857
106	Accounts receivable	5,768
126	Computer supplies	620
128	Prepaid insurance	1,665
131	Prepaid rent	810
163	Office equipment	8,800
164	Accumulated depreciationOffice equipment		$ 440
167	Computer equipment	20,800
168	Accumulated depreciationComputer equipment		1,300
201	Accounts payable		1,800
210	Wages payable		400
236	Unearned computer services revenue		1,700
301	S. Rey, Capital		68,000
302	S. Rey, Withdrawals	7,200
403	Computer services revenue		39,589
612	Depreciation expenseOffice equipment	440
613	Depreciation expenseComputer equipment	1,300
623	Wages expense	3,500
637	Insurance expense	555
640	Rent expense	2,430
652	Computer supplies expense	3,725
655	Advertising expense	2,568
676	Mileage expense	776
677	Miscellaneous expenses	200
684	Repairs expenseComputer	1,215
901	Income summary		0
	Totals	$ 113,229	$ 113,229

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 $68,000 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.