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4. Ivich Inc.'s unadjusted trial balance for 12-31-2021 is below: Debits Credits 27,000. 76,000. 35,000. 24,000. 86,000. 170,000. Cash $ Accounts Receivable Supply Inventory Prepaid

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4. Ivich Inc.'s unadjusted trial balance for 12-31-2021 is below: Debits Credits 27,000. 76,000. 35,000. 24,000. 86,000. 170,000. Cash $ Accounts Receivable Supply Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Long Term Notes Payable Salaries Payable Common Stock Retained Earnings Dividends Services Revenue Salaries Expense Insurance Expense Depreciation Expense Supplies Expense 20,000. 32,000. 15,000. 24,000. 226,000. 38,000. 4,000. 89,000. 15,000. 7,000. 0 0 Totals 444,000. 444,000. In order to do the adjustments, note that $ 8,000 of the Prepaid Insurance has been used up, only $11,000 of the Supplies Inventory remains, the annual Depreciation Expense is $10,000, the salaries that have accrued but not been paid are $3,000, and $5,000 of the Unearned Revenue is earned, by 12-31-2021. Using a worksheet write up an Adjusted Trial Balance for the company for 12-31-2021, and state the Net Income for the year 2021, and the total Retained Earnings for 12-31-2021

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