A partial tabular summary for Tamarisk, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Assets Acc. Depr.- Supplies + Prepaid Insurance + Equip. - Equip. Bal. 3,870 3,780 25,800 -7,740 Liabilities + Stockholders' Equity Reatined Earnings Int. Unearn. Rent Com. = Pay. + Notes Pay. + Rev. + Stock + Rev. - Exp. - Div 0 21,600 10,650 An analysis of the accounts shows the following. 1. 2. 3. The equipment depreciates $360 per month. Half of the unearned rent revenue was earned during the quarter. Interest of $470 is accrued on the notes payable. Supplies on hand total $940. Insurance expires at the rate of $420 per month. 4. 5. Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Retained Earnings Rev. Exp. Prepaid Insurance 3,780 Int. Pay. Unearn. Rent Rev. + Com. Stock Acc. Depr.- Equip. -7,740 + + + Supplies Bal. 3,870 + Div Equip. 25,800 Notes Pay. 21,600 0 10,650 1. 2. 3. 4. 5