The unadjusted trial balance of LaBarbara Data at December 31 2017, appears below:

Adjustment data:
a. Accrued consulting revenue at December 31, $3,800.
b. The prepaid balance of $12,000 represented one year of rent. Four months of prepaid rent have been used.
c. Supplies remaining on hand at December 31, $900.
d. The estimated useful life of the furniture is 10 years, it will have no value at the end of the 10 years, and the straight-line method of amortization is used. Amortization expense had only been taken for the first 11 months.
e. Accrue salaries expense at December 31 for three days. The five-day weekly payroll is $6,000.
Required
1. Prepare the adjusted trial balance of LaBarbara Data at December 31, 2017. Sketch T-accounts in your notes to calculate the new balances.
2. Prepare the income statement and the statement of owner's equity for the year ended December 31, 2017, and the balance sheet at December 31, 2017. Draw the arrows linking the three financial statements, or write a short description of how they are linked.

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LABARBARA DATA Unadjusted Trial Balance December 31, 2017 Cash Accounts receivable Prepaid rent Supplies Furniture Accumulated amortization-furniture Accounts payable Salaries payable J. LaBarbara, capital J. LaBarbara, withdrawals Consulting revenue Salaries expense Rent expense Utilities expense Amortization expense furniture Supplies expense Total $ 24,200 38,500 12,000 2,400 72,000 $13,800 18,400 125,000 46,000 121,500 32,000 33,000 12,000 6,600 0 $278,700 $278,700