a. The company received its electric bill on December 31 for $375 but will not pay it until January 5. (Use the Utilities Payable account.) b. Griffin purchased a three-month boat insurance policy on November 1 for $1,200. Griffin recorded a debit to Prepaid Insurance. c. As of December 31 , Griffin had earned $3,000 of charter revenue that has not been recorded or received. d. Griffin's fishing boat was purchased on January 1 at a cost of $33,500. Griffin expects to use the boat for 10 years and that it will have a residual value of $3,500. Determine annual depreciation assuming the straight-line depreciation method is used. e. On October 1 , Griffin received $9,000 prepayment for a deep-sea fishing charter to take place in December. As of December 31 , Griffin has completed the charter