Please answer all the problems. Thank you so much.P$8-5$B$.$ From the following ledger balances and additional data below, use Problem $8-5$B

Worksheet to complete the following for Callahan Lumber of Hinton:

a$.$ Prepare the worksheet.

b$.$ Prepare the multi$-$step income statement, statement of owner's equity, and classified

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.

A$.$ Physical count of inventory, December $31,20$X$1$

$$4,700$

B$.$ Lumber supplies on hand, December $31,20$X$1$

$80$

C$.$ Insurance expired $70$

D$.$ Depreciation for the year

$460$

E$.$ Accrued wages on December $31,20$X$1$

$165$