The following is a summary of the transactions for the year: service revenue, $122,000, of which $36,600 was on account and the balance was received in cash. collected on accounts receivable, $25,000. issued shares of common stock in exchange for $13,000 in cash. paid salaries, $44,500 (of which $8,500 was for salaries payable at the end of the prior year). paid miscellaneous expense for various items, $24,000. purchased equipment for $15,500 in cash. paid $2,950 in cash dividends to shareholders. accrued salaries at year-end amounted to $890. depreciation for the year on the equipment is $2,500. required: 2., 5, & 8. prepare the summary, adjusting and closing entries for each of the transactions listed. 3. post the transactions, adjusting and closing entries into the appropriate t-accounts. 4. prepare an unadjusted trial balance. 6. prepare an adjusted trial balance. 7-a. prepare an income statement for 2021. 7-b. prepare a balance sheet as of december 31, 2021. 9. prepare a post-closing trial balance.