Troy Freight Service provides delivery of merchandise to retail grocery stores in northern Manitoba. At the beginning of 2018, the following account balances were available: S 92,100 Cash Accumulated Depreciation (Equipment) $ 580,000 304,975 Accounts Receivable 361,500 24,600 Supplies Prepaid Advertising Building (Warehouse) Land Accounts Payable Wages Payable Notes Payable (due in 2022) 2,000 17,600 2,190,000 30,200 Accumulated Depreciation (Warehouse) 1,000,000 1,400,000 462,375 280,000 Common Shares Equipment 795,000 Retained Earnings, 12/31/2017 During 2018 the following transactions occurred: a Troy performed deliveries for customers, all on credit, for $2,256,700. Troy also made cash deliveries for $686,838. b. There remains $286,172 of accounts receivable to be collected at December 31, 2018. Troy purchased advertising of S138,100 during 2018 and debited the amount to prepaid advertising d. Supplies of $27,200 were purchased on credit and debited to the supplies account e. Accounts payable at the beginning of 2018 were paid early in 2018. There remains $5,600 of accounts payable unpaid at year-end f. Wages payable at the beginning of 2018 were paid early in 2018. Wages were earned and paid during 2018 in the amount of $666,142. g. During the year, Irene Hurd, a principal shareholder, purchased an automobile costing $42,000 for her personal use. h. One-half year's interest at 6% annual rate was paid on the note payable on July 1, 2018 i. Property taxes were paid on the land and buildings in the amount of S170,000 j. Dividends were declared and paid in the amount of $25,000. . . The following data are available for adjusting entries: Supplies in the amount of $13,685 remained unused at year-end . Annual depreciation on the warehouse building is $70,000. Annual depreciation on the warehouse equipment is $145,000 Wages of $60,558 were unrecorded and unpaid at year-end Interest for six months at 6% per year on the note is unpaid and unrecorded at year-end. . Advertising of $14,874 remained unused at the end of 2018 Income taxes of $482,549 related to 2018 are unpaid at year-end Required: 1Post the 2018 beginning balances to T-accounts. Prepare journal entries for transactions through j and post the journal entries to T-accounts, adding any new T-accounts you need 2.Prepare the adjustments and post the adjustments to the T-accounts, adding any new T- accounts you need 3. Prepare a statement of earnings 4. Prepare a statement of retained earnings 5. Prepare a classified statement of financial position 6. Prepare closing entries