This is all the information... Can someone please help me?

BestValue Corporation's Trial Balance at December 31, 20XX is presented below.

All 20XX transactions have been recorded except for the items described on the next page.

	Debit	Credit
Cash	109,890
Accounts Receivable	28,789
Inventory	25,540
Debt Investments	0
Land	55,674
Buildings	215,850
Equipment	75,120
Allowance for Doubtful Accounts		1,027
Accumulated Depreciation-Buildings		63,306
Accumulated Depreciation-Equipment		16,048
Accounts Payable		35,278
Interest Payable		0
Unearned Rent Revenue		48,900
Dividends Payable		0
Income Tax Payable		0
Bonds Payable		0
Discount on Bonds Payable	0
Common Stock ($2 par)		29,200
Paid in Capital in Excess of Par-Common Stock		44,580
Preferred Stock ($60 par)		0
Paid in Capital in Excess of Par-Preferred Stock		0
Retained Earnings		107,904
Treasury Stock	0
Cash Dividends	0
Sales Revenue		776,068
Rent Revenue		0
Gain on Sale of Land		0
Bad Debt Expense	0
Interest Expense	0
Cost of Goods Sold	478,542
Depreciation Expense	0
Other Operating Expenses	53,274
Salaries and Wages Expense	79,632
Income Tax Expense	0

Totals

$1,122,311

$1,122,311

Unrecorded transactions:

Round all calculations if necessary to -0- decimals (to the nearest dollar, do not show cents).

1. On January 1, 20XX, BestValue issued 520 shares of $60 par, 5% preferred stock for $75,810.

2. On January 1, 20XX, BestValue also issued 5,800 shares of common stock for $42,050.

3. On January 1, 20XX, BestValue issued $325,000, 5.5%, 9 year bonds when the market rate was 6%.

Interest is to be paid annually on each January 1, beginning 1 year from date of issue.

4. BestValue reacquired 3,600 shares of its common stock on January 12, 20XX for $8.50 per share.

5. On December 31, 20XX, BestValue declared the annual preferred dividend plus a $2.75 per

share dividend on the outstanding common stock, all payable in cash on January 31 of next year.

is uncollectible at year end is $1,850.

7. The building is being depreciated using the straight line method over 25 years.

The salvage value is $100,000.

8. The equipment is being depreciated using the straight line method over 5 years.

The salvage value is $15,000.

9. Sold the Land for $60,000 cash.

10. Bought Debt Investments worth $200,000 for cash.

11. The unearned rent was collected on December 1, 20XX. It was receipt of 3 months'

rent in advance (December 1, 20XX through February 28 of next year).

12. The first cash interest payment on the 5.5% bonds is due January 1 of next year. The annual

interest on the bonds for 20XX has not yet been recorded. Use the effective interest method.

13. The BestValue Corporation must make an adjusting entry to accrue income tax expense on

Income Before Income Tax at a rate of 36%. The taxes will not be paid until March of next year.

Instructions:

(a) Prepare journal entries for the transactions listed above.

(b) Prepare an updated December 31, 20XX trial balance.

(c) Prepare a multiple-step income statement for the year ending December 31, 20XX.

(d) Prepare a retained earnings statement for the year ending December 31, 20XX.

(e) Prepare a classified balance sheet as of December 31, 20XX.

(f) Prepare a Statement of Cash Flows as of December 31, 20XX.

(g) and (h) Calculate and analyze the following ratios, clearly presenting your work and answers:

1. Working Capital

2. Current Ratio

3. Return on Stockholders' Equity (use ending Common Stockholders' Equity)

4. EPS (all shares are already weighted)

5. Payout Ratio

6. Debt to Assets Ratio

7. Times Interest Earned

8. Free Cash Flow