P8-5A. Using the ledger balances and additional data provided, do the following for Meyer Lumber of Hinton for the year ended December 31, 2022: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity, and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put beginning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages. Additional Data (for Problem P8- 5A) 110 $ 1,680 960 4,550 269 218 3,000 490 1,160 Additional Data (for Problem P8-SA) Account Na Cash 111 Accounts Receivable 112 Merchandise Inventory 113 Lumber Supplies 114 Prepaid Insurance 121 Lumber Equipment 122 Accumulated Depreciation, Lumber Equipment 220 Accounts Payable 221 Accrued Wages 330 L. Meyer, Capital 331 L. Meyer, Withdrawals 332 Income Summary 440 Sales 441 Sales Returns and Allowances 550 Cost of Goods Sold 660 Wages Expense 661 Advertising Expense 662 Rent Expense 663 Depreciation Expense, Lumber Equipment 664 Lumber Supplies Expense 665 Insurance Expense 7,352 3,000 22,800 200 14,215 2,480 400 830 663 664 665 Depreciation Expense, Lumber Equipment Lumber Supplies Expense Insurance Expense IT Additional Data (for Problem P8- 5A) a. Physical count of inventory, December 31 b. Lumber supplies on hand, December 31 c. Insurance expired d. Depreciation for the year e. Accrued wages on December 31 $4,420 110 120 300 125