At the end of August, the first month of operations, the following selected data were taken from the financial statements of Tucker Jacobs, an attorney:

Net income for August	$137,600
Total assets at August 31	753,000
Total liabilities at August 31	248,000
Total stockholders' equity at August 31	505,000

In preparing the financial statements, adjustments for the following data were overlooked:

• Unbilled fees earned at August 31, $6,780.
• Depreciation of equipment for August, $3,100.
• Accrued wages at August 31, $2,170.
• Supplies used during August, $1,900.
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1. Journalize the entries to record the omitted adjustments. Aug. 31 31 31 31 2. Determine the correct amount of net income for August and the total assets, liabilities, and stockholders' equity at August 31. In addition to indicating the corrected amounts minus sign to indicate decreases.If an effect is zero, enter "o. Adjustment (a) is presented as an example. Tucker Jacobs For the Month ofAugust 31 Net Income Total Assets Total Liabilities +Total Stockholders' Equity Reported amounts $137,600 S753,000 248,000 505,000 Corrections Unbilled fees earned Equipment depreciation Accrued wages Supplies used +6,780 +6,780 +6,780 Corrected amounts