The following additional information is available at June $30,2022$:

$($i$)$ Store Supplies on hand at June $30,2022$ amounted to $$62,000.$

$($ii$)$ Insurance of $$157,500$ was paid on April $1,2022,$ for $9-$months to December $2022$

$($iii$)$ Rent was prepaid on March $1,2022,$ for $7-$months to September $2022.$

$($iv$)$ The furniture and fixtures have an estimated useful life of $10$ years and is being depreciated on the straight$-$line method down to a residual value of $$10,000.$

$($v$)$ The motor truck was acquired on February $1,2022,$ and is being depreciated over $5$ years on the double$-$declining balance method of depreciation, down toa residue of $$15,000$

$($vi$)$ Salaries earned by employees not yet paid amounted to $$73,800$ at June $30,2022.$

$($vii$)$ Accrued interest expense as of June $30,2022,$ $$48,300.$

$($viii$)$ On June $30,2022,$ $$106,000$ of the previously unearned sales revenue had been earned.$($ix$)$ The aging of the Accounts Receivable schedule at June $30,2022$ indicated that the Allowance for Bad Debts should be $$86,550.$

$($x$)$ After making all other adjustments, a physical count of inventory was done, whichreveals that there was $$1,100,000$ worth of inventory on hand at June $30,2022$Other data:

$($xi$)$The business is expected to make principal payments totalling $$300,000$ towards the loan during the fiscal year to June $30,2023$

Required: a$)$ Prepare the necessary adjusting journal entries on June $30,2022.$

$[$Narrations are not required$]$b$)$ Prepare the Adjusted Trial balance at June $30,2022.$ c$)$ Prepare the companys multiple$-$step income statement for the period ending June $30,2022$

d$)$ Prepare the companys statement of owners equity at June $30,2022$

e$)$ Prepare the companys classified balance sheet at June $30,2022$