1. Gomez Co. had the following transactions in the last two months of its year ended December 31st Nov. 1st Paid $1,900 cash for future newspaper advertising 1st Paid $2,460 cash for 12 months of insurance through October 31st of the next year. 30th Received $3,700 cash for future services to be provided to a customer. Dec. Ist Paid $6,000 cash for a consultant's services to be received over the next three months. 15 Received $7,950 cash for future services to be provided to a customer 31st Of the advertising paid for on November 1st, $1,500 worth is not yet used 31st A portion of the insurance paid for on November 1st has expired. No adjustment was made in November to Prepaid Insurance 31st Services worth $1,500 are not yet provided to the customer who paid on November 30. 31st One-third of the consulting services paid for on December 1st have been received. 31st The company has performed $3,400 of services that the customer paid for on December 15th.