2)The Auto Park Company Major includes the following selected accounts as of March 31, prior to preparing adjusting entries. Debit credit Prepaid Insurance $ 3,600 Materials 2,800 Team 25,000 Accumulated Depreciation Equipment 8,400 Document payable 20,000 Unearned income 9.900 Rental Income 60,000 Interest expense Salary expenses 114,000 Analysis of the accounts shows the following: The equipment depreciates at $ 300 per month. One third of the unearned income was eared in the quarter. $ 500 interest accrues on the document payable The materials in the Warehouse total $ 900. Insurance expires at the rate of $ 200 per month. Prepares the adjustment entries as of March 31, 2013, the adjustment entries are made quarterly