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	$ 51,104
106	Accounts receivable	5,668
126	Computer supplies	620
128	Prepaid insurance	1,620
131	Prepaid rent	735
163	Office equipment	8,300
164	Accumulated depreciationOffice equipment		$ 415
167	Computer equipment	22,800
168	Accumulated depreciationComputer equipment		1,425
201	Accounts payable		2,000
210	Wages payable		460
236	Unearned computer services revenue		2,200
301	S. Rey, Capital		73,000
302	S. Rey, Withdrawals	7,200
403	Computer services revenue		35,389
612	Depreciation expenseOffice equipment	415
613	Depreciation expenseComputer equipment	1,425
623	Wages expense	3,450
637	Insurance expense	540
640	Rent expense	2,205
652	Computer supplies expense	4,025
655	Advertising expense	2,573
676	Mileage expense	814
677	Miscellaneous expenses	220
684	Repairs expenseComputer	1,175
901	Income summary		0
	Totals	$ 114,889	$ 114,889

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 $73,000 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.