26) Below are four independent and unrelated errors discovered at the beginning of 2022 after the 2021 income state was reported. Prepare any journal entries each company should record in 2022 to correct the errors. Write "None" if no entry is required. Record the required entries ONLY. You will lose a point or two for unnecessary entries. Cash account is never used in correcting entries. 1) On December 31, 2021, Wolf Inc failed to accrue salaries expense of $2,500. In January 2022, when it paid employees for the December 27- January 2 workweek, Wolf made the following entry: 2) On December 31, 2021, merchandising inventory was overstated by $25,000 due to a mistake in the physical count using the periodic inventory system. 3) On January 1, 2021, the company bought a four-year insurance policy for $800 and immediately charged the full premium to expense. 4) Depreciation expense of $950 on new equipment was omitted from the 2021 financial statements