The following data are for Leone Lumber Company: Prepare work sheet, classified income statement, statement of retained earnings, classified balance sheet, and dosing entries (based on Credits Appendix) (L.O. 5-8) A total of $3, 400 of the prepaid insurance has expired. Additional data An inventory of supplies showed that $1, 700 are still on hand. Prepaid rent expired during the year is $50, 600. Depreciation expense on store equipment is $8, 800. Accrued sales salaries are $4, 000. Accrued office salaries are $3, 000. Merchandise inventory on hand is $350, 000. Prepare the following: A work sheet for the year ended December 31, 2012. Refer to the chart of accounts shown in a separate file at the end of the text for any other account numbers you need. A classified income statement. The only selling expenses are sales salaries, advertising, supplies, and depreciation expense-equipment. A statement of retained earnings. A classified balance sheet. Required closing entries