Prepare Financial Statements for Dec 31, 2018 from transactions listed at bottom of the page, complete with

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Prepare Financial Statements for Dec 31, 2018 from transactions listed at bottom of the page, complete with any & all Notes to the Financial Statements. Turn in Journal Entries, Trial Balance, Adjusted Journal Entries, Adjusted Trial Balance, and Post-Closing Trial Balance separately.
Helpful hints-Please double check your work, make sure it balances, make sure accounts are in the correct order
Madoff’s Marijuana Dispensary had the following beginning balances December 1, 2018.

Cash $ 3,000,000
Rent Expense 22,000
Inventory 150,000
Prepaid Rent 2,000
Equipment 3,000,000
Accumulated Depreciation 50,000
Accounts Payable 25,000
Salaries & Wages Payable 10,000
Advertising Expense 2,500
Notes Payable 300,000
Supplies 500
Retained Earnings 2,402,500
Preferred Stock, 3% cumulative, $1 par value $25,000
Common Stock, $0.01 par value; $100,000

Authorized 32 million shares; Issued 18 million shares
Additional Paid In Capital 500,000
Treasury Stock (8 million shares at cost) 40,000
Sales Revenue 3,000,000
Cost of Goods Sold 500,000
Loan from Owner 500,000
Insurance Expense 11,000
Salaries & Wages Expense 130,000
Utilities Expense 5,00
Supplies Expense 3,000
Prepaid Insurance 13,000
Payroll Tax Expense 10,000
Repairs & Maintenance Expense 3,500
Legal Expense 15,000
Accounting Expense 5,000

All Adjustments are made at the end of the year. The following information is relevant:

Truck is expected to last 10 years, and have a residual value of $5,000. Depreciated using the straight-line method.
Owner is to be paid back over 5 years beginning next year.
Had supplies on hand of $200

The following transactions occurred during the month:
Used $1,000 of prepaid insurance for the month of December
Used $2,000 of prepaid rent for the month of December
Dec 2 - Sold $100,000 worth of product for cash (cost us 50,000)
Dec 2- Paid employees all money owed
Dec 31 - Paid employees bonus of $15,000
Owe employees for 3 days of work (Dec 29-31) at $1,000/day
Dec 5 - Fixed windows, cost $5,000. Paid in cash
Dec 31 - Paid Accountant $3,000 for work related to December. Paid in cash.
Dec 1- Bought a new truck for $20,000 paid cash. At the end of the first year the truck had been driven 7,000 miles.
Dec 8 - Sold 1,000 shares of common stock for $10 per share, cash
Dec 10 - Repurchased 3,500 shares of stock at $15 per share
Dec 15 - Reissued 3,000 shares of Treasury stock at $30 per share (bought Dec 10th)
Jan 2 - Sold $500,000 worth of product (cost us $250,000)