Conrad Playground Supply underwent a restructuring in 2024. The company conducted a thorough internal audit, during which the following focts were discovered. The audit occurred during 2024 before any adjusting entries or closing entries are prepared a. Acditional computers were acquired at the beginning of 2022 and added to the company's office network. The $42.000 cost of the computers was inadvertently recorded as maintenance expense. Computers have five-year useful itves and no material salvage value. This class of equipment is depreciated by the straight-ine method. b. Two weeks prior to the audit, the company paid $14,000 for assembly tools and recorded the expenditure as office suppites. The error was discovered a week ater. c. On December 31, 2023, merchandise inventory was understated by $72,000 due to a mistake in the physical inventory count. The compary uses the periodic inventory system. a. Two years earler, the company recorded a 3% stock dividend (1.400 common shares, $1 par) as follows: The shares had a market price at the time of $13 per share. e. At the end of 2023, the company falled to accrue $92,000 of interest expense that accrued during the lost four months of 2023 on bonds payable. The bonds, which were issued at face value, mature in 2028. The following entry was recorded on March 1, 2024. when the semiannual interest was paid, as well as on September 1 of each year: f. A three-year lias Winsurance policy was purchased at the beginning of 2023 for $70,200. The full premium was debited to insirance expense at the time Required: For each enor, prepare any joumal entry necessary to correct the error, as well as any year-end adjusting entry for 2024 related to the stuation described. (ggnore income taxes.) Note: If no entry is required for is trensoction/event, select "No journol entry required" In the first account fleid