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Complete the following tabulation to correct the financial statements. (If an amount reduces the column then enter using either a negative sign preceding the number

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Complete the following tabulation to correct the financial statements. (If an amount reduces the column then enter using either a negative sign preceding the number es. -45 or parantheses es (45)) On December 31, 2025, a company prepared an income statement and balance sheet and failed to include three adjusting entries. The incorrect income statement showed net income of $40,000. The balance sheet showed total assets, $130,000; total liabilities, $60,000; and stockholders' equity, $70,000. The data for the three adjusting entries were: (1) Depreciation of $9,000 was not recorded on equipment. (2) Salaries and wages amounting to $10,000 for the last two days in December were not paid and not recorded. The next payroll will be in January. (3) Rent of $8,000 was paid for two months in advance on December 2. The entire amount was debited to Prepaid Rent when paid

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