a. Each Friday, KSFL pays employees for the current week's work. The amount of the weekly payroll is $7,400 for a 5-day workweek. This year, December 31 falls on a Thursday. KSFL will pay its employees on January 1. b. On January 1 of the current year, KSFL purchased an insurance policy that covers 2 years, $7,800. c. The beginning balance of Office Supplies was $5,200. During the year, KSFL purchased office supplies for $5,400, and at December 31, the office supplies on hand total $1,400. d. During December, KSFL designed a landscape plan, and the client prepaid $6,300. KSFL recorded this amount as Unearned Revenue. The job will take several months to complete, and KSFL estimates that the company has earned 45 percent of the total revenue during the current year. KSFL earns the remaining revenue from this job on January 13 of the following year. e. At December 31, KSFL had earned $2,800 for landscape services completed for Topsfield Appliances. Topsfield has stated that it will pay KFSL on January 8. Amerization for the surent sinor includes Eauinment 82 100 and Trake 80 700 MakAAnA