P4-40 (ALL WORK MUST BE ON A EXCEL FILE) Completing the accounting cycle from adjusted trial balance to post-closing trial balance with an optional worksheet Start from the posted T-accounts and the adjusted trial balance that Daniels Consulting prepared for the company at December 31. Requirements: 1. Prepare an income statement for the month ended December 31. 2. Prepare a statement of owner’s equity for the month ended December 31. 3. Prepare a classified balance sheet (report form) at December 31. 4. Journalize and post the closing entries at December 31. Denote each closing amount as Clo. and each account balance as Balance. 5. Prepare a post-closing trial balance.