1/31/2019 Inventory remaining on hand at 1/31/2019 had a cost of $21,000 and sales value of $42,000. 1/31/2019 NewCo's payroll for the period 1/21/2019 to 1/31/2019 is due, with salaries and wages of $12,000 and employer taxes of $1,200. 1/31/2019 Adjust prepaid insurance, with prepaid insurance at 1/31/2019 of $2,500. 1/31/2019 Record straight line depreciation on the new truck and equipment purchased during the month. The truck has an estimated useful life of 5 years with a 20% estimated salvage value, the office equipment has an estimated useful life of 8 years, with no estimated salvage value. 1/31/2019 Reclassify the current portion of long-term debt: Wells Fargo Line of Credit $20,000 + Wells Fargo truck loan due in 1 year (12 x $500) $6,000. 1/31/2019 Accrue interest due on the Wells Fargo line of credit at Jan 31. 1/31/2019 The company estimates 5% of its' outstanding Trade Accounts Receivable are not collectible as of 1/31/2019. 1/31/2019 The company expects its federal and state income tax rates to be 25% and 9% respectively. Accrue the estimated income taxes payable on net income