Using the Adjusted Trial Balance below, prepare the following for December 31, 2022: Multiple-Step Income Statement, Statement of Shareholder's Equity, Classified Balance Sheet, Statement of Cash Flow (indirect method), Closing Entries, and a Post-Closing Trial Balance. There is a separate MS Excel file for each financial statement found in the folder for Part 3.

Below the Adiusted Trial Balance are the prior year's financial statements. These financial statements, except for the Income Statement, serve to help you prepare the current year's financial statements.

Below the prior year financial statements is an example of a Multiple-step income Statement. This Multiple-Step Income Statement serves as an example to help you prepare the current year's Multiple-Step Income Statement. Please note the following:

Do not include accounts with a $O balance. Accrue Income Taxes at a rate of 20% (round up to nearest dollar). Record the journal entry for income taxes on the journal provided to you. Income Taxes Payable is Account 2300. Income Tax Expense is Account 6270. Accounts Receivable and Accounts Payable must be presented in a consolidated format. Record the closing entries in the Journal below the journal entry for income taxes.

The Multiple-Step Income Statement, Statement of Shareholder's Equity, Classified Balance Sheet, Statement of Cash Flow (indirect method), Closing Entries, and a Post-Closing Trial Balance must be submitted as separate April's Fresh Cleaning Service

April's Fresh Cleaning Service Income Statement For the Year Ended December 31, 2021 Cleaning services revenue $275,750 Expenses: Cleaning supplies expense $78,200 Wages expense $27,000 Rent expense $22,200 Advertising expense $20,500 Bad debt expense $13,500 Office supplies expense $7,500 Depreciation expense - cleaning equipment $6,500 Telephone and internet expense $2,100 Utilities expense $1,950 Insurance expense $900 Waste removal $440 Mileage expense $375 Depreciation expense -office equipment $200 Total expenses $181,365 Income from operations $94,385 Other Revenue and Expense: Gain on Sale of Asset $62,771 Income before income taxes $157,156 Income Taxes (20%) $31,431 Net Income $125,725