Consider the following items for Shocker Enterprises: On November 30, 2024, Shocker received a $3,300 payment from a customer for services to be rendered evenly over the next three months. Deferred Revenue was recorded on November 30. On December 1, 2024, the company paid a local radio station $2,460 for 30 radio ads to be aired, 10 per month, throughout December, January, and February. Prepaid Advertising was recorded for the full amount on December 31. Shocker had no other advertising during the year. Employee salaries for the month of December totaling $7,200 will be paid on January 7, 2025. On August 31, 2024, Shocker borrowed $62,000 from a local bank. A note was signed with principal