Before preparing BRI's financial statements as at and for the year ended December 31, 2020, it will be necessary to journalize some additional December transactions and prepare adjusting journal entries. You have gathered the following additional information: . On December 2, the Paul J. Hill School of Business (Hill) contracted BRI to deliver gift baskets containing gourmet desserts to several Regina businesses as a thank you for sponsoring events. The gift baskets were delivered on December 31. Also on December 31, the general manager emailed Hill an invoice for $2,550. Payment is due no later than January 31, 2021. Cost of goods sold for this sale totaled $1,575. Included in prepaid expenses is $625 related to BRI's insurance policy that expired December 31. BRI amortizes its property, plant and equipment on a monthly basis. Therefore, it is necessary to record amortization for December. The building and furniture and equipment have useful lives of 25 and 10 years, respectively. All property, plant and equipment assets are amortized on a straight line basis. The franchise has an indefinite useful life and is not subject to amortization. BRIs general manager and staff are paid one week following the last day of the month. They are owed $110,990 for hours worked during December and for which they will be paid in January On December 31, BRI received an advance payment of $8,500 for gift baskets for an online auction to raise funds for a charity. The gift baskets are scheduled to be delivered to the charity on February 15. Also on December 31, BRI paid $2,295 of interest owing on the mortgage payable. After leaving the coffee shop on December 31, the general manager mailed a cheque for $10,000 to BRI's advertising agency for online ads scheduled to run from January 1 to March 31, 2021. The general manager mailed another cheque payable to Canada Revenue Agency for the estimated $349,025 of corporate income taxes for the year ended December 31. Finally, BRI declared cash dividends of $418,830 on its common shares on December 31. The dividends will be paid to shareholders on record as at January 15 on the January 30 payment date. You intend to prepare the journal entries and adjusting journal entries (in good form) for the general manager's review and approval. To facilitate the general managers review, you plan to provide detailed supporting calculations and round all amounts to the nearest dollar