1) What is the net income before adjustments?

2) What is the net income after the adjustments?

3) What will be the total liabilities on the balance sheet?

4) What will be the total assets on the balance sheet?

5) What will be Martinez, Capital on the balance sheet?

6) What is the book value of the equipment on the balance sheet?

The balances in the accounts of Martinez Co at December 31 2002, before adjustment are as follows: Cash Accounts Receivable Supplies Equipment Accounts Payable $2,300 Unearned Revenue 3,710 Martinez, Capital 5,950 Service Revenue $800 35,000 9,000 1,700 2,100 30,240 Salary Expense 1,200 Utilities Expense Information for adjustments is as follows: 1. There are $5,300 of supplies on hand at 12/31. 2. The equipment has a 10 year useful life. Record depreciation for a full year. 3. $600 of the Unearned Revenue has been earned 4. Work has been done for $2,000 but not yet billed. 5. Salaries of $400 are owed at 12/31