Using the Adjusted Trial Balance below, prepare the following for December 31, 2022: Multiple-Step Income Statement, Statement of Shareholders 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 Adjusted Trial Balance are the prior years financial statements. These financial statements, except for the Income Statement, serve to help you prepare the current years 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 years Multiple Step Income Statement. Please note the following: Do not include accounts with a $0 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.

April's Fresh Cleaning Service Statement of Cash Flows For the Year Ended December 31, 2021 April's Fresh Cleaning Service Balance Sheet December 31, 2021 Assets Current assets: \begin{tabular}{lc} Cash & $101,475 \\ Accounts receivable & $2,500 \\ Cleaning supplies & $15,000 \\ Office supplies & $12,500 \\ Prepaid insurance & $800 \\ Prepaid rent & $1,375 \\ \cline { 2 - 2 } Total current assets & \end{tabular} Property, plant, and equipment: Cleaning equipment Less: accumulated depreciation Office equipment Less: accumulated depreciation Total property, plant, and equipment Total assets Liabilities and Shareholder's Equity Current Liabilities: Shareholder's equity: Common stock Retained earnings Total shareholder's equity \begin{tabular}{l} $73,000 \\ $68,675 \\ \hline \end{tabular} April's Fresh Cleaning Service Statement of Shareholder's Equity For the Year Ended December 31, 2021 April's Fresh Cleaning Service Income Statement For the Year Ended December 31, 2021 Cleaning services revenue $275,750 Expenses: Other Revenue and Expense: Gain on Sale of Asset Income before income taxes Income Taxes (20\%) Net Income \begin{tabular}{l} $157,156$62,771 \\ $31,431 \\ $125,725 \\ \hline \end{tabular} NetSolutions Income Statement For the Year Ended December 31, 20Y8 Sales. Cost of merchandise sold. Gross profit. $708,255520,305$187,950 Operating expenses: Selling expenses: Sales salaries expense. Advertising expense.. \begin{tabular}{lr} Depreciation expense-store equipment..... & 10,860 \\ \hline \end{tabular} \begin{tabular}{lr} Delivery expense.......................... & 2,800 \\ Miscellaneous selling expense.............. & 630 \\ \hline \end{tabular} Miscellaneous selling expe Total selling expenses. Administrative expenses: Office salaries expense. Rent expense. Depreciation expense-office equipment.... 2,490 Insurance expense........................... 1,910 Office supplies expense......................... 610 Miscellaneous administrative expense....... 760 Total administrative expenses. 34,890 Total operating expenses. Income from operations. $82,240105,710 Other revenue and expense: Rent revenue. $600 Interest expense. Net income. Netincome. $80,400(1,840)(2,440)