1. a. b. C. e. Please treat each of the following situations independently. Assume that each of the lettered items described below are discovered in 2018 by Curry, Inc. For each of the items described below, make the necessary journal entry in 2018 to record the information. If no journal entry is required, write "No Entry Required." Assume a 30% tax rate and assume that Curry uses straight-line depreciation for all depreciable assets. On January 2, 2015 Curry acquired a packaging machine for $39,000 with no salvage value. The packaging machine was expected to have a 3-year useful life. In 2018, it was discovered that the packaging machine was recorded as an expense when acquired in 2015. The packaging machine is no longer being used. On September 30, 2017, Curry collected $84,000 cash for two year's rent in advance. In 2018 Curry discovered that the $84,000 was recorded as rent revenue in 2017. A pressing machine was acquired by Curry on January 2, 2015 for $48,000. It has no salvage value and a 6-year useful life. In 2018, it was discovered that the pressing machine was expensed in 2015 rather than recorded as an asset. d. Inventory # 3744 with a value of $37,000 was not included in the December 31, 2016 inventory total. On December 10, 2017 Curry performed services on credit for $67,000. In 2018 it was discovered that this transaction was recorded on Curry's books as a debit to Accounts Receivable and credit to Service Revenue for $76,000. f. g. h. Annual depreciation of $7000 for a machine still in use by Curry was mistakenly recorded as $2000 in 2016 and 2017. On January 2, 2016 equipment costing $35,000 with a 5-year useful life was acquired. No salvage value is associated with the equipment. In 2018 it was discovered that depreciation was not taken in 2016 and 2017. Sales revenue for $31,000 and cost of goods sold of $19,000 were recorded by Curry on December 31, 2016, but it was discovered in 2018 that the merchandise did not reach the customer's business until January 3, 2017. Consequently, the transaction should have been recorded in 2017. i. Inventory # 9241 with a value of $17,000 was not included in the December 31, 2017 inventory total