The following transactions pertain to Price Corporation for 2016: a. Record the preceding transactions in the general journal. b. Post the transactions to T-accounts and calculate the account balances. c. Prepare a trial balance. d. Prepare the income statement, statement or changes in stockholder' equity, balance sheet, and statement of cash flows. e. Prepare the closing entries at December 3l. f. Prepare a trial balance after the closing entries are posted. Anchor Machining experienced the following events during 2016: Started operations by acquiring $100, 000 of cash from the issue of common stock. Paid $12, 000ash in advance for rent during the period from February 1, 2016, to February 1, 2017. Received $9, 600 cash in advance for services to be performed evenly over the period from September 1, 2016, to September 1, 2017 Performed services for customers on account for $13, 400. Incurred operating expenses on account for $120, 400. Collected $113, 800 cash from accounts receivable Paid $44, 000 cash for salaries expense. Paid $56, 000 cash as a partial payment on accounts payable. Adjusting Entries Made the adjusting entry for the expired rent. (See Event 2) Recognized revenue for services performed in accordance with Event 3. Recorded $4, 200 of accrued salaries at the end of 2016. Events for 2017 Paid $4, 200 cash for the salaries accrued at the end of the previous year. Performed services for cash, $81, 000. Paid $50, 000 cash to purchase land. Paid $10, 800cash in advance for rent during the period from February 1, 2017, to February 1, 2018. Recognized $6, 000 of revenue for services performed for which cash had been previously collected (see Event 5). Recognized $4, 800 of accrued salaries expense. Identify each event as asset source (AS), asset use (AU), assets change(AE) or claim exchanger