Wildhorse Corporation's trial balance at December 31, 2022, is presented below. All 2022 transactions have been recorded except for the items described below. Unrecorded transactions and adjustments: 1. On January 1, 2022, Wildhorse lssued 1,300 shares of $20 pan, 6% preferred stock for $28,600. 2. On January 1, 2022, Widhorse atso issued 1,300 shares of common stock for $29.900. 3. Wildhorse reacquired 390 shares of its common stock on July 1, 2022, for $49 per share 4. On December 31,2022. Wildhorse declared the annual cash dividend on the preferred stock and a $1.50 per stare dividend on the outstanding common stock, all payable on January 15, 2023. 5. Wildhorse estimates that uncollectible accounts receivable at year-end are $6,630. 6. The building is being depreciated using the straight line method over 30 years. The salvage value is 56,500 . 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $5.200. 8. The unearned rent was collected on October 1. 2022. It was receipt of 4 months' rent in advance (October 1. 2022 through January 31,2023). 9. The 10% bonds payable pay interest every lanuary 1. The interest for the 12 months ended December 31,2022 , has not been. paid or recorded. No. Account Titles and Explanation Debit. Credit 1. Rreferred Stowk 2. cormmonstock Pald-in Caplal in Ercess of Par. Conimonstock? 3. Treasury Stock 4. Cah Dludendt Clvidendis Pryable 5. Bad Debt Eyptrse Alowanct for Doubthl Accousts 6. Defreclation Eqenan Acoumulased Depreclation-butidings 7. Depredution Bupanse Accumulated Depredation. Ciulpment B. Uneamed Rers Heserue \begin{tabular}{|c|c|c|c|c|} \hline 1875? \\ \hline \end{tabular} atrs Prepare an updated December 31,2022 , trial balance, reflecting the journal entries in part(a). Wildhorse Corporation's trial balance at December 31. 2022. Is presented below. All 2022 transactions have been recorded except for the items described below. Unrecorded transactions and adjustments: 1. On January 1,2022, Wildhorse issued 1,300 shares of $20 par, 6 w preferred stock for $28,600. 2. On Janwary 1, 2022, Wildhorse also issued 1,300 shares of common stock for $29,900, 3. Wildhone reacquired 390 shares of its common stock on July 1, 2022, for $49 per share. 4. On December 31,2022 , Wildhorse declared the annual cash dividend on the preferred stock and a $1.50 per share dividend on the outstanding common stock, all payable on lanuary 15, 2023. 5. Wildhorse estimates that uncollectible accounts receivable at year-end are 56.630. 6. The bullding is being depredated using the straight-Iline method over 30 years. The salvage value is 56,500 . 7. The equipment is being depreciated using the straight-line methad over 10 years. The salvage value is $5.200. 8. The unearned rent was collected on October 1,2022 it was receipt of 4 months rent in advance (October 1,2022 through Jandary 31,2023 h. 9. The 108 bonds payabie pay interestevery January 1. The interest for the 12 months ended December 31 , 2022, has inot been paid or recorded. No. Account Titles and Explanation Debit Credit 1. Cash Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock 2. Cash Common Stock Paid-in Capital in Excess of Par-Common Stock. 3. Treasury Stock 19110 4. Cash Dividends Dividends Payable 5. Bad Debt Expense Allowance for Doubtful Accounts 6. Depreciation Experse Accumulated Depredation-Guilidings 7. Deprecistion Expense Preparean updated December 31, 2022, trial balance, reflecting the fournal entries in part(a)