Columbia Sportswear included the following items in its December 31, 2011, balance sheet ($ in thousands): Show adjusting journal entries. On January 31, an adjustment of $728 thousand was made for the rental of various retail outlets that had originally increased Prepaid Expenses but had expired. During December 2011, Columbia sold product for $ 1,019 thousand cash to Dick's Sporting Goods, but delivery was not made until January 28, 2012. Unearned Revenue had been increased in December. No other adjustments had been made since then. Prepare the adjustment on Jan 31. Columbia had loaned cash to several of its independent retail distributors. As of January 31, 2012, the distributors owed $112 thousand of interest that had been unrecorded. On January 31, Columbia increased its accrual of federal income taxes by $938 thousand. Compute the ending balances on January 31, 2012, in Prepaid Expenses and in Income Taxes Payable