The general ledger of the Karlin Company, a consulting company, at January 1, 2021, contained the following account balances. Credits Debits 32,300 12,000 19.000 Account Title Cash Accounts receivable Equipment Accumulated depreciation Salarios payable Common stock Retained earnings 5,700 7,000 43,000 7,600 63,300 Total 63,300 The following is a summary of the transactions for the year: a. Service revenue, $110,000, of which $33,000 was on account and the balance was received in cash. b. Collected on accounts receivable, $23,200. c. Issued shares of common stock in exchange for $9,500 in cash. d. Paid salaries, $40,000 (of which $7,000 was for salaries payable at the end of the prior year). e. Paid miscellaneous expense for various items, $21,600. f. Purchased equipment for $12,000 in cash. g. Paid $2,625 in cash dividends to shareholders. 1. Accrued salaries at year-end amounted to $800. 2. Depreciation for the year on the equipment is $1,900. 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