1. Depreciation on the equipment for the year is $22,000. 2. Wages expense incurred but not yet recorded is $7,000. 3. On April 1, 2019, Salem borrowed $50,000 from a local bank and signed a note. The note requires interest to be paid annually on March 31 at 8%. The principal is due in 5 years. 4. $1,000 of supplies remained on hand at December 31, 2019. 5. In November, a customer paid Salem $3,000 for an order that was delivered in December. The cash received was credited to Unearned revenue. No other customer advances were received during the year. 6. On December 1, 2019, $4,000 rent was paid to the owner of the building. The payment represented rent for December through March 2019, at $1,000 per month. Post your entries to the worksheet, entering the adjustment number in the # column. Calculate the adjusted balance of each account and total the Adjustments and Adjusted columns. Prepare income statement, statement of retained earnings and balance sheet for Salem Bread Company as of December 31, 2019