The adjusted trial balance columns of the worksheet for Boozer Company are as follows.BOOZER COMPANYWorksheetFor the Year Ended December 31, 2012 Adjusted Account Trial Balance No. Account Titles Dr. Cr. 101 Cash 18,800 112 Accounts Receivable 16,200 126 Supplies 2,300 130 Prepaid Insurance 4,400 151 Equipment 46,000 152 Accumulated Depreciation—Equipment 20,000 200 Notes Payable 20,000 201 Accounts Payable 8,000 212 Salaries and Wages Payable 2,600 230 Interest Payable 1,000 301 Owner’s Capital 26,000 306 Owner’s Drawings 12,000 400 Service Revenue 87,800 610 Advertising Expense 10,000 631 Supplies Expense 3,700 711 Depreciation Expense 8,000 722 Insurance Expense 4,000 726 Salaries and Wages Expense 39,000 905 Interest Expense 1,000 Totals 165,400 165,400Instructions(a) Complete the worksheet by extending the balances to the fi nancial statement columns.(b) Prepare an income statement, owner’s equity statement, and a classifi ed balance sheet. $5,000of the notes payable become due in 2013. C. Boozer did not make any additional investmentsin the business during 2012.(c) Prepare the closing entries. Use J14 for the journal page.(d) Post the closing entries. Use the three-column form of account. Income Summary is accountNo. 350.(e) Prepare a post-closing trial balance