Please show step by step. Feel free to show final solutions through Excel or handwritten. Thank you!

Braun Company has the following ledger accounts and adjusted balances as of December 31 , 2022. All accounts have normal balances. Braun's income tax rate is 20%. Braun has 300,000 shares of Common Stock authorized, 100,000 shares of Common Stock issued, and 95,000 shares of Common Stock outstanding. $40,000 of the principal comes due in 2023. **Two years rent on offsite document storage paid in advance. Instructions: Use this information to prepare a multiple-step income statement, a retained earnings statement, and a classified balance sheet