3) Use the templates below to complete the following: (a) Prepare three adjusting entries for the month of May for Maritime Enterprises Ltd. (b) Illustrate which accounts and amounts appear on the income statement and on the balance sheet. Supplies $1200; balance of supplies on May 31, $300. On May 1, $8000 was paid for rent for the period of May 1 to August 31. Balance in the Automobile account $36 000; Accumulated Depreciation account May 1, $12.000. Depreciation rate is 30 percent per year