A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries:

1. Accrued interest revenue earned of $1,200.
2. Depreciation expense of $4,000.
3. Portion of prepaid insurance expired (an asset) used $1,100.
4. Accrued wages expense of $3,200.
5. Revenues of $5,200, originally recorded as unearned, have been earned by the end of the year.

Determine the correct amounts for the December 31 financial statements by completing the following table:

	Assets	Liabilities	Equity	Net Income
Reported Amount	$350,000	$200,000	$150,000	$70,000
Add or subtract to correct the reported amounts
A
B
C
D
E
Corrected Amounts