The unadjusted T-accounts of Super Media at December 31, 2014, are shown here. The related year-end adjustment data follow them.

Adjustment data at December 31, 2014, include the following:
a. Amortization for the year, $7,200.
b. Supplies still unused at the year end, $7,000.
c. Accrued service revenue, $12,000.
d. Of the $6,000 balance of Unearned Service Revenue at the beginning of the year, $4,000 was earned during the year.
e. Accrued salary expense, $9,000.
Required
1. Write the account data in the Trial Balance columns of a work sheet and complete the work sheet. Identify each adjusting entry by the letter corresponding to the data given.
2. Prepare the income statement, the statement of owner's equity, and the classified balance sheet in account format.
3. Journalize the adjusting and closing entries. Include explanations.
4. Did Super Media have a profitable year or a bad year during 2014? Give the reason for your answer.

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Cash Accounts Receivable Supplies 87,000 132,000 18,000 Bal. Bal. Bal. Equipment Accumulated Amortization-Equipment Bal. Accounts Payable Bal. 171,000 Bal. 36,000 48,000 Notes Payable, Long-term Salary Payable Unearned Service Revenue 6,000 Bal. Bal. 120,000 W. Super, Capital Bal. W. Super, Withdrawals 162,000 Service Revenue Bal. 390,000 Bal. 123,000 Insurance Expense Supplies Expense Salary Expense Bal. 30,000 Bal. 108,000 Amortization Expense-Equipment Interest Expense 15,000 Bal.