Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2022, for $14,400. They expect to use the Suburban for five years and then sell the vehicle for $5,700. The following expenditures related to the vehicle were also made on July 1, 2022 The company pays $2,400 to GEICO for a one-year insurance policy. The company spends an extra $5,400 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. An additional $2,600 is spent on a deluxe roof rack and a trailer hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on October 22, 2022, the company pays $1,600 for basic vehicle maintenance related to changing the oil replacing the windshield wipers, rotating the tires, and inserting a new air filter Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal tab. Review the 'General Ledger and the Trial Balance' tabs to see the effect of the transactions on the account balances 2. Record the adjusting entries in the 'General Journal tab. 3. Review the adjusted Trial balance as of December 31, 2022, in the Trial Balance' tab. 4. Prepare an income statement for the period ended December 31, 2022, in the Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2022 in the Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab. General Journal