On August 1, 2022, the Wayfarer Apartment Complex opened for business. The trial balance, after all transactions were recorded, but before adjusting entries, appears below. Additional information: 1. The two-year insurance policy was aquired 8/1/22. 2. A count of supplies shows $11,500 of unused supplies on August 31 . 3. Annual depreciation is $27,000 on the buliding and $22,500 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on August 1) 5. $18,750 of rent that was unearned on August 1 has been earned by August 31 . 6. Salaries of $6,750 earned in August remain unpaid at August 31 . Required: a. Journalize the adjusting entries on August 31 . b. Determine the adjusted balances in the accounts. You may prepare a ledger using T-accounts, entering the trial balance amounts and posting the adjusting entries, or you can use a worksheet approach. c. Prepare an adjusted trial balance on August 31,2022. d. Prepare (1) an income statement and (2) a retained eamings statement for the month of August and (3) a classified balance sheet at August 31 e. Prepare closing entries at August 31, 2022