Note: In this case analysis, we use amortization and depreciation interchangeably, and CIC does not pay tax. Please, do not add any new accounts. You need to use the accounts listed in the unadjusted trail balance.

Your task is to prepare in good format:

$(1)$ The adjusting journal entries,

$(2)$ An adjusted trial balance,

$(3)$ The income statement,

$(4)$ The statement of financial position $($balance sheet$),$

$(5)$ The statement of changes in equity.

After you have completed the statements, you have to prepare the closing journal entries and the post closing trial balance. Ensure you show all of your work, and prepare proper journal entries and properly formatted financial statements.