Can you please include rough work as well.

Captain Marvel Corporation is a small private corporation thatsells desktop printers to local businesses and schools. On May 1,2022, the following were the accountbalances of Captain Marvel Corporation: Cash Accounts Receivable Inventory (637.5 units) Van Debits 60750 22500 127500 48000 Allowance for Doubtful Accounts Accumulated Depreciation (Van) Accumulated Depreciation (Furniture & Fixtures) Accounts Payable Common Shares Retained Earnings TotalCredits Credits 2250 45000 3000 12000 15000 195000 272250 Furniture & Fixtures 13500 Total Debits 272250 During May 2022, the following transactions took place: May 1: Bought 300 desktop printers for $255 each on account May 1: Boughta van, paying $15750 cash as a down paymentand signed a 7 month $54000,6% note payable for the balance. The company paid $675 to have its company logo painted on the side of the van. The residual value is $12000. The old van was sold for $13500; it cost $48000 and acculumated depreciation up to the date of disposal was $45000. May 10: Sold 255 printers to Vision Inc.on account May 12: Tivan Group agreed to sign a 60-day note receivable to replace a $3000 accounts receivable due thatday. The interestrate on the note is 9%. May 20: Sold 17 printers to Loki Inc.using a VISA card to pay for the transaction. A 3.75% service fee is charged by VISA. May 22: Sold 142.5 printers to Peggy Carter Public School on account May 24: Returned for credit 3 damaged printers from Vision Inc., costing $240 each. May 28: Received paymentin full from Vision Inc. for tha balance owing. May 28: Wrote off as uncollectable $5250 of accounts receivable May 29: Paid accounts payable, $20250. May 30: Recovered an accounts receivable thatwas written off in April, $1500. May 31: Paid operating expenses totalling $68250. May 31: Recorded depreciation on the van and the furniture & fixtures. The company uses straight-line depreciation for the van. The van is estimated to be used for 9 years. The furniture & fixtures are depreciated using the straight-line method over 8 years. There is no residual value on the furniture and fixtures. May 31: Recorded intereston the note payable. May 31: Recorded intereston the notes receivable. May 31: The company records the bad debtexpense based on the aging ofaccounts receivables, which follows: Number of Days Outstanding 0-30 days 31-60 days 61-90 days 90+ days Accounts Receivable $43500 $15000 $3750 $1575 Estinated Percentage Uncollectable 3% 7.5% 15% 30% Other Information: 1) The selling price for each of the printers is $750. 2) Captain Marvel Corporation uses the FIFO method under the perpetual inventory system to account for inventory 3) In the past, Captain Marvel Corporation has used the following accounts on their financial statements: Bad DebtExpense, Costof Goods Sold, Credit Card Fee, Depreciation Expense, Gain on Sale, Interest Expense, Interest Payable, InterestReceivable, InterestRevenue, Loss on Sale, Notes Payable, Notes Receivable, Operating Expenses, Sales Returns, Sales Revenue. Notallaccounts have been used each period. Required: 1) Prepare the journal entries for the transactions including any adjusting journal entries for the month of May 31,2022. Place your answer under "Requirement 1" in the "Answer" tab.Areminder to round all final numbers to the nearestdollar. Do notround during calculations. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. 2) Prepare an adjusted trial balance as at May 31, 2022. Place your answer under "Requirement2" in the "Answer" tab. Place your account titles i column H, debits in column land credits in column J. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. A reminder to only use the accounts given in the question. 3) Prepare the multi-step Income Statement for the month of May 2022. Ignore income taxes. Place your answer under "Requirement3" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. 4) Prepare a classified Balance Sheetatat May 31,2022. Place your answer under "Requirement4" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. . 5) Assume Captain Marvel Corporation overstated its ending inventory by $1650. How does this affectcostofgoods sold,gross profit, and netincome in the year it was discovered? If the error is undetected, whatis the impacton costofgoods sold,gross profit, and netincome for the following year. Place your answer under "Requirement5' in the "Answer" tab using the drop down menus. Enter any type responses in the designated spots. 6) Assume that Captain Marvel Corporation used the LCNRV to reportinventory on the balance sheet The NRVof$900 is less than the FIFO cost Prepare the journal entry. Place your answer under "Requirement6" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. Captain Marvel Corporation is a small private corporation thatsells desktop printers to local businesses and schools. On May 1,2022, the following were the accountbalances of Captain Marvel Corporation: Cash Accounts Receivable Inventory (637.5 units) Van Debits 60750 22500 127500 48000 Allowance for Doubtful Accounts Accumulated Depreciation (Van) Accumulated Depreciation (Furniture & Fixtures) Accounts Payable Common Shares Retained Earnings TotalCredits Credits 2250 45000 3000 12000 15000 195000 272250 Furniture & Fixtures 13500 Total Debits 272250 During May 2022, the following transactions took place: May 1: Bought 300 desktop printers for $255 each on account May 1: Boughta van, paying $15750 cash as a down paymentand signed a 7 month $54000,6% note payable for the balance. The company paid $675 to have its company logo painted on the side of the van. The residual value is $12000. The old van was sold for $13500; it cost $48000 and acculumated depreciation up to the date of disposal was $45000. May 10: Sold 255 printers to Vision Inc.on account May 12: Tivan Group agreed to sign a 60-day note receivable to replace a $3000 accounts receivable due thatday. The interestrate on the note is 9%. May 20: Sold 17 printers to Loki Inc.using a VISA card to pay for the transaction. A 3.75% service fee is charged by VISA. May 22: Sold 142.5 printers to Peggy Carter Public School on account May 24: Returned for credit 3 damaged printers from Vision Inc., costing $240 each. May 28: Received paymentin full from Vision Inc. for tha balance owing. May 28: Wrote off as uncollectable $5250 of accounts receivable May 29: Paid accounts payable, $20250. May 30: Recovered an accounts receivable thatwas written off in April, $1500. May 31: Paid operating expenses totalling $68250. May 31: Recorded depreciation on the van and the furniture & fixtures. The company uses straight-line depreciation for the van. The van is estimated to be used for 9 years. The furniture & fixtures are depreciated using the straight-line method over 8 years. There is no residual value on the furniture and fixtures. May 31: Recorded intereston the note payable. May 31: Recorded intereston the notes receivable. May 31: The company records the bad debtexpense based on the aging ofaccounts receivables, which follows: Number of Days Outstanding 0-30 days 31-60 days 61-90 days 90+ days Accounts Receivable $43500 $15000 $3750 $1575 Estinated Percentage Uncollectable 3% 7.5% 15% 30% Other Information: 1) The selling price for each of the printers is $750. 2) Captain Marvel Corporation uses the FIFO method under the perpetual inventory system to account for inventory 3) In the past, Captain Marvel Corporation has used the following accounts on their financial statements: Bad DebtExpense, Costof Goods Sold, Credit Card Fee, Depreciation Expense, Gain on Sale, Interest Expense, Interest Payable, InterestReceivable, InterestRevenue, Loss on Sale, Notes Payable, Notes Receivable, Operating Expenses, Sales Returns, Sales Revenue. Notallaccounts have been used each period. Required: 1) Prepare the journal entries for the transactions including any adjusting journal entries for the month of May 31,2022. Place your answer under "Requirement 1" in the "Answer" tab.Areminder to round all final numbers to the nearestdollar. Do notround during calculations. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. 2) Prepare an adjusted trial balance as at May 31, 2022. Place your answer under "Requirement2" in the "Answer" tab. Place your account titles i column H, debits in column land credits in column J. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. A reminder to only use the accounts given in the question. 3) Prepare the multi-step Income Statement for the month of May 2022. Ignore income taxes. Place your answer under "Requirement3" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. 4) Prepare a classified Balance Sheetatat May 31,2022. Place your answer under "Requirement4" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the question. . 5) Assume Captain Marvel Corporation overstated its ending inventory by $1650. How does this affectcostofgoods sold,gross profit, and netincome in the year it was discovered? If the error is undetected, whatis the impacton costofgoods sold,gross profit, and netincome for the following year. Place your answer under "Requirement5' in the "Answer" tab using the drop down menus. Enter any type responses in the designated spots. 6) Assume that Captain Marvel Corporation used the LCNRV to reportinventory on the balance sheet The NRVof$900 is less than the FIFO cost Prepare the journal entry. Place your answer under "Requirement6" in the "Answer" tab. Ensure your spelling is accurate. Do notuse abbreviations for your accounts. Spell them outin their entirety. Areminder to only use the accounts given in the