CRANE COMPANY Adjusted Trial Balance (Partial) January 31, 2021 Debit Credit Supplies $830 Prepaid Insurance 1,280 Equipment 7,200 Accumulated Depreciation-Equipment $3.660 Salaries Payable 800 Unearned Revenue 770 Service Revenue 2,120 Depreciation Expense 60 Insurance Expense 320 Salaries Expense 1,800 Supplies Expense 885 X Your answer is incorrect. If the amount in Insurance Expense is the January 31 adjusting entry, and the original insurance premium was for one year, what was the total premium, and when was the policy purchased? (Hint: Assume the policy was purchased on the first day of the month.) Total premium $ 3840 Purchase date July 1, 2020 e Textbook and Media Assistance Used e Textbook * Your answer is incorrect. If the amount in Supplies Expense is the January 31 adjusting entry, and the balance in Supplies on January 1 was $840, what was the amount of supplies purchased in January? Supplies purchased $ X Your answer is incorrect. If $1,560 was received in January for services performed in January, what was the balance in Unearned Revenue at December 31, 2020? Unearned revenue $ 1560 e Textbook and Media Assistance Used Your answer is incorrect. If the amount in Depreciation Expense is the depreciation for one month, when was the equipment purchased? Purchase date Jan. 1, 2016 e Textbook and Media