The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the companys reporting year-end.

Account Title	Debits		Credits
Cash	2,250
Accounts receivable	8,250
Prepaid insurance	3,400
Land	225,000
Buildings	65,000
Accumulated depreciationbuildings			26,000
Office equipment	99,000
Accumulated depreciationoffice equipment			39,600
Accounts payable			29,550
Salaries payable			0
Deferred rent revenue			0
Common stock			240,000
Retained earnings			47,850
Service revenue			85,000
Interest revenue			4,600
Rent revenue			5,700
Salaries expense	34,000
Depreciation expense	0
Insurance expense	0
Utilities expense	22,200
Maintenance expense	19,200
Totals	478,300		478,300

Information necessary to prepare the year-end adjusting entries appears below.

1. The buildings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method.
2. The office equipment is depreciated at 10 percent of original cost per year.
3. Prepaid insurance expired during the year, $1,700.
4. Accrued salaries at year-end, $1,350.
5. Deferred rent revenue at year-end should be $900.

Required: 1. From the trial balance and information given, prepare adjusting entries. 2. Post the beginning balances and adjusting entries into the appropriate T-accounts. 3. Prepare an adjusted trial balance. 4. Prepare closing entries. 5. Prepare a post-closing trial balance.