Whispering Winds Corp.s unadjusted trial balance at December 1, 2017, is presented below.

	Debit		Credit
Cash	$25,600
Accounts Receivable	36,200
Notes Receivable	8,900
Interest Receivable	0
Inventory	36,030
Prepaid Insurance	3,900
Land	21,000
Buildings	136,500
Equipment	61,500
Patent	9,000
Allowance for Doubtful Accounts			$450
Accumulated DepreciationBuildings			45,500
Accumulated DepreciationEquipment			24,600
Accounts Payable			27,300
Salaries and Wages Payable			0
Notes Payable (due April 30, 2018)			12,600
Income Taxes Payable			0
Interest Payable			0
Notes Payable (due in 2023)			35,600
Common Stock			51,400
Retained Earnings			17,180
Dividends	13,000
Sales Revenue			942,000
Interest Revenue			0
Gain on Disposal of Plant Assets			0
Bad Debt Expense	0
Cost of Goods Sold	636,500
Depreciation Expense	0
Income Tax Expense	0
Insurance Expense	0
Interest Expense	0
Other Operating Expenses	61,000
Amortization Expense	0
Salaries and Wages Expense	107,500
Total	$1,156,630		$1,156,630

The following transactions occurred during December.

Dec. 2		Purchased equipment for $18,000, plus sales taxes of $600 (paid in cash).
2		Sheffield sold for $3,550 equipment which originally cost $5,100. Accumulated depreciation on this equipment at January 1, 2017, was $1,900; 2017 depreciation prior to the sale of equipment was $430.
15		Sheffield sold for $5,500 on account inventory that cost $3,450.
23		Salaries and wages of $6,730 were paid.

Adjustment data:

1.		Sheffield estimates that uncollectible accounts receivable at year-end are $4,030.
2.		The note receivable is a one-year, 8% note dated April 1, 2017. No interest has been recorded.
3.		The balance in prepaid insurance represents payment of a $3,900, 6-month premium on September 1, 2017.
4.		The building is being depreciated using the straight-line method over 30 years. The salvage value is $32,700.
5.		The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value is 10% of cost.
6.		The equipment purchased on December 2, 2017, is being depreciated using the straight-line method over 5 years, with a salvage value of $2,280.
7.		The patent was acquired on January 1, 2017, and has a useful life of 9 years from that date.
8.		Unpaid salaries at December 31, 2017, total $2,120.
9.		Both the short-term and long-term notes payable are dated January 1, 2017, and carry a 10% interest rate. All interest is payable in the next 12 months.
10		Income tax expense was $12,100. It was unpaid at December 31.

Here is my first part I completed, for "Prepare journal entries for the transactions listed above and adjusting entries."

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I am having issues figuring out the remainder. If I can get help with any part, thank you! Here they are:

then,

and finally,

thank you for any help!

Account Titles and Explanation Debit Credit Date Dec. 2 Equipment 18600 Cash 18600 Depreciation Expense 430 Dec. 2 Accumulated Depreciation-Equipment 430 (To record depreciation expense on equipment.) Cash 3550 Accumulated Depreciation-Equipment 2330 780 Gain on Disposal of Plant Assets Equipment 5100 (To record sale of equipment.) Accounts Receivable 5500 Dec, 15 Sales Revenue 5500 (To record sales revenue.) Cost of Goods Sold 3450 3450 Inventory Salaries and Wages Expense 6730 Dec. 15 Cash 6730 1. Bad Debt Expense 3580 Dec. 31 Allowance for Doubtful Accounts 3580 2. Interest Receivable 534 534 Interest Revenue 3. Insurance Expense 2600 2600 Prepaid Insurance 4. Depreciation Expense 3460 Accumulated Depreciation-Buildings 3460 5. Depreciation Expense 10152 Accumulated Depreciation-Equipment 10152 6. Depreciation Expense 272 Accumulated Depreciation-Equipment 272 7. Amortization Expense 1000 7. Amortization Expense 1000 Accumulated Depreciation-Plant Assets 1000 8. Salaries and Wages Expense 2120 Salaries and Wages Payable 2120 9. Interest Expense 4820 Interest Payable 4820 10. Income Tax Expense 12100 Income Taxes Payable 12100 WHISPERING WINDS CORP. Income Statement For the Month Ended December 31, 2017 Sales Revenues Service Revenue Total Revenues Operating Expenses Bad Debt Expense Depreciation Expense Income Tax Expense Insurance Expense Other Operating Expenses Salaries and Wages Expense Net Income / (Loss) Gross Profit Gross Profit Prepare a 2017 retained earnings statement. (List items that increase retained earnings first.) WHISPERING WINDS CORP. Retained Earnings Statement WHISPERING WINDS CORP. Balance Sheet Assets Liabilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work Account Titles and Explanation Debit Credit Date Dec. 2 Equipment 18600 Cash 18600 Depreciation Expense 430 Dec. 2 Accumulated Depreciation-Equipment 430 (To record depreciation expense on equipment.) Cash 3550 Accumulated Depreciation-Equipment 2330 780 Gain on Disposal of Plant Assets Equipment 5100 (To record sale of equipment.) Accounts Receivable 5500 Dec, 15 Sales Revenue 5500 (To record sales revenue.) Cost of Goods Sold 3450 3450 Inventory Salaries and Wages Expense 6730 Dec. 15 Cash 6730 1. Bad Debt Expense 3580 Dec. 31 Allowance for Doubtful Accounts 3580 2. Interest Receivable 534 534 Interest Revenue 3. Insurance Expense 2600 2600 Prepaid Insurance 4. Depreciation Expense 3460 Accumulated Depreciation-Buildings 3460 5. Depreciation Expense 10152 Accumulated Depreciation-Equipment 10152 6. Depreciation Expense 272 Accumulated Depreciation-Equipment 272 7. Amortization Expense 1000 7. Amortization Expense 1000 Accumulated Depreciation-Plant Assets 1000 8. Salaries and Wages Expense 2120 Salaries and Wages Payable 2120 9. Interest Expense 4820 Interest Payable 4820 10. Income Tax Expense 12100 Income Taxes Payable 12100 WHISPERING WINDS CORP. Income Statement For the Month Ended December 31, 2017 Sales Revenues Service Revenue Total Revenues Operating Expenses Bad Debt Expense Depreciation Expense Income Tax Expense Insurance Expense Other Operating Expenses Salaries and Wages Expense Net Income / (Loss) Gross Profit Gross Profit Prepare a 2017 retained earnings statement. (List items that increase retained earnings first.) WHISPERING WINDS CORP. Retained Earnings Statement WHISPERING WINDS CORP. Balance Sheet Assets Liabilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work