Crane Games Inc. adjusts its accounts annually. The following information is available for the year ended December $31,2027.$

Purchased a $1-$year insurance policy on June $1$ for $$1,872$ cash.

Paid $$6,760$ on August $31$ for $5$ months' rent in advance.

On September $4,$ received $$3,744$ cash in advance from a corporation to sponsor a game each month for a total of $9$ months

for the most improved students at a local school.

Signed a contract for cleaning services starting December $1$ for $$1,040$ per month. Paid for the first $2$ months on November

$($Hint: Use the account Prepaid Cleaning to record prepayments.$)$

On December $5,$ received $$1,560$ in advance from a gaming club. Determined that on December $31,$$$500$ of these games had

not yet been played.