The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances.

Accounts	Debits				Credits
Cash	$	46,500
Accounts Receivable		30,700
Land		115,800
Accounts Payable						15,800
Notes Payable (due in 2 years)						35,000
Common Stock						105,000
Retained Earnings						37,200
Totals	$	193,000			$	193,000

The following is a summary of the transactions for the year:

1.		January		12		Provide services to customers on account, $67,400.
2.		February		25		Provide services to customers for cash, $77,800.
3.		March		19		Collect on accounts receivable, $46,200.
4.		April		30		Issue shares of common stock in exchange for $35,000 cash.
5.		June		16		Purchase supplies on account, $13,100.
6.		July		7		Pay on accounts payable, $11,800.
7.		September		30		Pay salaries for employee work in the current year, $69,200.
8.		November		22		Pay advertising for the current year, $23,000.
9.		December		30		Pay $3,400 cash dividends to stockholders.

A) The following information is available for the adjusting entries.

Accrued interest on the notes payable at year-end amounted to $3,000 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $2,000 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,800.

B) Prepare an income statement for the year ended December 31, 2021.

C) Prepare a classified balance sheet for the year ended December 31, 2021.

D) Record closing entries.

E) Prepare a post-closing trial balance.