The following is Sunland Cycle Repair Shop's trial balance at January 31, 2021, the companys fiscal year end:

SUNLAND CYCLE REPAIR SHOP Trial Balance January 31, 2021
	Debit		Credit
Cash	$4,200
Accounts receivable	6,640
Prepaid insurance	6,420
Supplies	5,240
Land	52,000
Building	190,000
Accumulated depreciationbuilding			$11,000
Equipment	27,000
Accumulated depreciationequipment			4,500
Accounts payable			6,700
Unearned revenue			21,960
Mortgage payable			183,000
H. Dude, capital			61,000
H. Dude, drawings	99,100
Service revenue			239,550
Salaries expense	119,200
Utilities expense	12,000
Interest expense	5,910
	$527,710		$527,710

Additional information:

1.		The 12-month insurance policy was purchased on June 1, 2020.
2.		A physical count of supplies shows $1,310 on hand on January 31, 2021.
3.		The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 9 years.
4.		The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest.
5.		By January 31, 2021, $1,300 of services related to the unearned revenue have been provided.
6.		During the next fiscal year, $4,500 of the mortgage payable is to be paid.

Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125.)

Prepare an adjusted trial balance. (Round answers to 0 decimal places, e.g. 125.)

Prepare an income statement.

Prepare a statement of owners equity. The owner, Henry Dude, invested $5,000 cash in the business on November 17, 2020. (The investment has been recorded and it is included in the capital account). (List items that increase owner's equity first. Round answers to 0 decimal places, e.g. 125.)

Prepare a classified balance sheet. The owner, Henry Dude, invested $5,000 cash in the business on November 17, 2020. (The investment has been recorded and it is included in the capital account). (List Property, Plant and Equipment in order of Land, Buildings and Equipment. Round answers to 0 decimal places, e.g. 125.)

Prepare the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125.)