V. The Adjusted Trial balance of Overnight Auto's service ledger account is given below Overnight Auto Service Adjusted Trial Balance February 28, 2011 $43,120 6,500 1,400 60,000 36,000 Cash.......... Accounts receivable.. Shop Supplies......... Land........... Building..... Accumulated Depreciation : Building Tools and Equipment........... Accumulated Depreciation: Tools and Equipment Notes Payable....... Accounts Payable. Capital Stock.... Retained Earnings.. Dividends.... Repair service revenue........ Advertising expense. Wages expense......... Utilities expense.. Total $ 16,000 12,000 2,000 30,000 10,470 80,000 20,000 3,200 12,580 830 6200 1.800 S171,050 $ 121,050 *** Requirements: 1. Prepare an Income Statement 2. Prepare a statement of Retained Earnings 3. Prepare a Balance Sheet 4. Prepare closing entries BF