After the accounts have been adjusted at January 31, the end of the fiscal year, the following balances are taken from the ledger of Harrison's Dog Walking Service Company:

Harrison Taylor, Capital	$342,820
Harrison Taylor, Drawing	14,480
Fees Earned	124,230
Wages Expense	42,540
Rent Expense	13,460
Supplies Expense	14,200
Miscellaneous Expense	2,340

Journalize the four entries required to close the accounts. If an amount box does not require an entry, leave it blank.

Jan. 31
Jan. 31
Jan. 31
Jan. 31

For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $8,120 of unearned revenue that was earned, (2) earned revenue that was not billed of $9,760, and (3) accrued wages of $5,830. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income.

(a) Revenues were understated by $.

(b) Expenses were understated by $.

(c) Net income was understated by $.