7.50 points a. Rental commissions of $610 had been eamed in August butl had not yet been seceived trom or biled to building owners o erest on the note paty atie is to be pad on May 31 and November 30sugunsit has not been accrues -that is, t has not yet been recordesd (The Interest Payabe of $80 on the balance sheet s the amount of the accuedy aa 10% d. Wages of $370 for the last wweek of August have not been recorded e. The Rent Expense of $1,350 represents nent for August, September, and October, which was pad early in August t. Interest of $390 has been eamed on notes recelvabie but has not yet been received g. Late in August the board otdeectors met and dedared acash didend of $3.900, partie September so once ded ed heddend nautinofmeenna Required: statement and balance siheet for Big ue Rental Corp, make the appropriate auntmentvomecions to the statements, and enter te conect amount in the Final coumn (int Use the tive questiom af s betereen net income and the balance sheet?) Income Statement Enter amounts in the AdjustmentsComections eolumes as positive numbers. Net income Adjustomentsu Corectons Pease use the sumbers tron me 470 S Total expenses Net income 3840 470 S 8,160 470 5 6 (470) 610 S 9,340 (Enter amounts in the Adjustments/Corrections columns as positive numbers. Net income Adjustment BIG BLUE RENTAL CORP Balance Sheet August 31, 2016 Adjustments / Corrections Preliminary Debit Credit Final Assets Cash Notes receivable Commissions receivable Interest receivable Prepaid rent Supplies 1,350 26,500 2.400 30.250 Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Interest payable Wages payable Dividends payable 430 4,800 80 S 5,310 $ Total liabilities Paid-in capital Retained earnings: 4,800 11,980 Balance, August 1 Net income Dividends S S 20,140 S Balance, August 31 Total stockholders' equity 24,940S Total liabilities and stockholders' equity $30,250 S