1) Wilson Engraving just completed operations for the year ending December 31, 2018. Accounts from the adjusted trial balance dated December 31, 2018 are listed in alphabetical order below: Balance Debit Credit Accounts Payable Accounts Receivable Accumulated Depreciation- Equipment $ 15,000 16,000 32,000 ash Depreciation Expense- Equipment Equipment Insurance Expense Interest Expense Notes Payable (due March 31, 2020) Office Supplies 25 10,000 65,000 4 4 1, 10. 15,00 Office Supplies Expense Prepaid Insurance Salaries Expense Salaries Payable 5,000 50,000 Service Revenue Unearned Revenue (short- erm 8,000 Utilities Expense 4,00 Wilson, Capital, December 31, 2017 Wilson, Withdrawals Totals 42,000 Requirement: a. Prepare the closing entries. Omit explanations. (10 points) b. Prepare, in good form, the income statement, statement of owner's equity, and a report format balance sheet. There were no new capital contributions during the year. (35 points)