(The following information applies to the questions displayed below] Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won't damage them. Suzie decides to have MU watches available for sale at the start of each clinic. The following transactions relate to purchases and sales of watches during the second half of 2022. All watches are sold for $500 each Jul. 17 Purchased 50 watches for $7.500 ($150 per vatch) on account. Jul. 31 Sold 40 watches for $20,000 cash Reg. 12 Purchased 40 watches for $6,400 (5160 per vitch) cath u. 22 Sold 30 watches for $15.000 on account. Sep. 19 Paid for watches purchased on July 17. Sep. 27 Receive cash of $9.000 for watches sold on account on August 22. Oct. 27 Purchased 80 watches for $13.600 ($170 per vatch) cath. Nov. 20 Sold 90 watches for $45.000 cash Dec. Purchased 100 watches for $18.000 ($180 per watch) on sccount. Dec. Sold 40 watches for $20.000 o scoat. Late in December, the next generation of multiuse (MUI) watches is released. In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the Internet. The demand for the original MU watches is greatly reduced. As of December 31, the estimated net realizable value of MU watches is only $100 per watch Requirement Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare a classified balance sheet as of December 31, 2022. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted GREAT ADVENTURES, INC Balance Sheet December 31, 2022 Liabilities Current Assets Current Liabilities TO Total Current Assets Long term Assets 0 Total Current Liabilities SORT 0 Total Uablities Stockholders' Equity O Total Assets Total Stockholders' Equity Total e s and Stockholders' Equity Income Statement (The following information applies to the questions displayed below] Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won't damage them. Suzie decides to have MU watches available for sale at the start of each clinic. The following transactions relate to purchases and sales of watches during the second half of 2022. All watches are sold for $500 each Jul. 17 Purchased 50 watches for $7.500 ($150 per vatch) on account. Jul. 31 Sold 40 watches for $20,000 cash Reg. 12 Purchased 40 watches for $6,400 (5160 per vitch) cath u. 22 Sold 30 watches for $15.000 on account. Sep. 19 Paid for watches purchased on July 17. Sep. 27 Receive cash of $9.000 for watches sold on account on August 22. Oct. 27 Purchased 80 watches for $13.600 ($170 per vatch) cath. Nov. 20 Sold 90 watches for $45.000 cash Dec. Purchased 100 watches for $18.000 ($180 per watch) on sccount. Dec. Sold 40 watches for $20.000 o scoat. Late in December, the next generation of multiuse (MUI) watches is released. In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the Internet. The demand for the original MU watches is greatly reduced. As of December 31, the estimated net realizable value of MU watches is only $100 per watch Requirement Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare a classified balance sheet as of December 31, 2022. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted GREAT ADVENTURES, INC Balance Sheet December 31, 2022 Liabilities Current Assets Current Liabilities TO Total Current Assets Long term Assets 0 Total Current Liabilities SORT 0 Total Uablities Stockholders' Equity O Total Assets Total Stockholders' Equity Total e s and Stockholders' Equity Income Statement