1. Write the adjusting entries for the following information: a. Inventory on February 1 was $1,050. At the end of February, inventory on hand is $400. b. Depreciation on kitchen equipment is estimated to be $2,400 for the year. Adjust for depreciation during the first quarter of the year. c. Unearned revenue at the beginning of March is $4,500. One-half of the unearned revenue was earned in March. d. A $12,000 six-month note payable requiring an annual interest rate of 8%