The following accounts were taken from ABC Companys unadjusted trial balance at December 31, 2022:

Accounts Payable ............ $58,000

Accounts Receivable ......... $87 ,000

Accumulated Depreciation .... $18,000

Advertising Expense ......... $14,000

Cash ........................ $30,000

Common Stock ................ $94,000

Cost of Goods Sold .......... $45,000

Dividends ................... $12,000

Equipment ................... $97,000

Income Tax Expense .......... $17,000

Interest Revenue ............ $56,000

Inventory ................... $62,000

Notes Payable ............... $93,000

Prepaid insurance ........... $30,000

Retained Earnings ........... $48 ,000 (at January 1, 2022)

Sales Revenue ............... $99,000

Salaries Expense ............ $22,000

Supplies .................... $46,000

Trademark ................... $31,000

Unearned Revenue ............ $27,000

ABC Company has not yet recorded adjusting entries related to the following six items:

(1) Salaries earned by employees which have not yet been paid by ABC Company totaled $12,000.

(2) The unearned revenue in the unadjusted trial balance relates to a $27,000 payment from a customer received on June 1, 2022 for services to be performed each month for the next 18 months.

(3) A physical count revealed that supplies costing $25,000 were still on hand as of December 31, 2022

(4) The prepaid insurance relates to a 2-year fire insurance policy purchased on June 1, 2022.

(5) The equipment was purchased on January 1, 2020. The equipment was assigned a life of 10 years and a residual value of $7,000.

(6) The note payable was a loan taken out on August 1, 2022. It is a 9-month, 10% loan.

REQUIRED:(a) Write all necessary adjusting journal entries at December 31, 2022 (b) Calculate ABC Companys net income for 2022 (c) Calculate ABC Companys total liabilities at December 31, 2022