a. Equipment purchased on November 1 of this accounting period for $21,600 is estimated to have a useful life of three years. After three years of use, it is expected that the equipment will be scrapped due to technological obsolescence. b. Of the $11,400 balance in Unearned Consulting Revenue, $8,700 had been earned. c. The Prepaid Rent account showed a balance of $13,500. This was paid on January 1 of this accounting period and represents six months of rent commencing on the same date. d. Accrued wages at January 31 totalled $18,500. e. One month of interest had accrued at the rate of 4% per year on a $42,000 note payable f. Unrecorded and uncollected consulting revenue at month-end were $6,150. g. A $3,510 Insurance policy was purchased on April 1 of the current accounting period and debited to the Prepaid Insurance account. Coverage began April 1 for 18 months. h. The monthly depreciation on the office furniture was $625. 1. Repair revenues accrued at month-end totalled $3,400. j. The Store Supplies account had a balance of $800 at the beginning of January. During January, $1,780 of supplies were purchased and debited to the Store Supplies account At month-end, a count of the supplies revealed a balance of $650. Required: Prepare adjusting journal entries for the month ended January 31, 2017, based on the above.