The general ledger of the Karlin Company, a consulting company, at January 1, 2021, contained the following account balances: Credits Debits 31,700 13,000 21,000 Account Title Cash Accounts receivable Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Total 6,300 7,500 44,000 7,900 65,700 65,700 The following is a summary of the transactions for the year: a. Service revenue, $114,000, of which $34,200 was on account and the balance was received in cash. b. Collected on accounts receivable, $23,800. c. Issued shares of common stock in exchange for $11,000 in cash. d. Paid salaries, $41,500 (of which $7,500 was for salaries payable at the end of the prior year). e. Paid miscellaneous expense for various items, $22,400. f. Purchased equipment for $13,000 in cash. g. Paid $2,750 in cash dividends to shareholders. 1. Accrued salaries at year-end amounted to $830. 2. Depreciation for the year on the equipment is $2,100. Required: 2., 5, & 8. Prepare the summary, adjusting and closing entries for each of the transactions listed. 3. Post the transactions, adjusting and closing entries into the appropriate t-accounts. 4. Prepare an unadjusted trial balance. 6. Prepare an adjusted trial balance. 7-a. Prepare an income statement for 2021. 7-b. Prepare a balance sheet as of December 31, 2021. 9. Prepare a post-closing trial balance