BE 3-8 Effect of omitting adjustments Obj. 5 For the year ending June 30, O'Keefe Medical Services Co. mistakenly omitted adjusting entries for (1) $2,000 of supplies that were used, (2) unearned revenue of $7,500 that was earned, and (3) insurance of $11,300 that expired. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income for the year ended June 30