Blue Spruce Corp. has the following information available for accruals for the year ended December 31, 2022. The company adjusts its accounts annually.

1.		The December utility bill for $ 520 was unrecorded on December 31. Blue Spruce paid the bill on January 11.
2.		Blue Spruce is open 7 days a week and employees are paid a total of $ 4,200 every Monday for a 7-day (MondaySunday) workweek. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 28Thursday, December 31) that they have not been paid for by year-end. Employees will be paid next on January 4.
3.		Blue Spruce signed a $ 54,000, 5% bank loan on November 1, 2021, due in 2 years. Interest is payable on the first day of each following month (For example, interest incurred during November is paid on December 1.).
4.		Blue Spruce receives a fee from Pizza Shop next door for all pizzas sold to customers using Blue Spruces facility. The amount owed for December is $ 360, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.)
5.		Blue Spruce rented some of its unused warehouse space to a client for $ 7,200 a month, payable the first day of the following month. It received the rent for the month of December on January 2.