Walton Anvils income Statemant Year Ended December 31, 2016 Revenue Expenses Total Expense Net Income 1. Open T-accounts using the balances in the unadjusted trial balance. 2. Complete the worksheet for the year ended December 31, 2016. 3. Prepare the adjusting entries and post to the T-accounts. 4. Prepare the adjusted trial balance. 5. Prepare the income statement, the statement of retained earnings, and the cl balance sheet in report form. 6. Prepare the closing entries and post to the T-accounts. 7. Prepare a post-closing trial balance. 8. Calculate the current ratio for the company. You may save and use the following EXCEL TEMPLATE or create your own. Uploa Excel workbook using the following naming protocol: LastnameFirstnameAssess