Crane Pipeline Inc. operates on a calendar-year basis. At the end of December 2024, the company had the following current liabilities on its books: In January, the following events occurred: 1. Crane's pipeline is located on leased land. The rent payable at the end of December represented the payments that should have been made at the beginning of November and December. In January, Crane paid the past rent owed, as well as the rent for January and February. 2. Crane charges customers a tariff fee in advance for the use of the pipeline based on an estimate of expected use. By the end of January, the company had earned $25,600 of the service revenue that had been received in advance from customers. 3. Crane declared a dividend in December of which $6,400 was paid on January 31 . The balance will be paid in February. 4. Crane purchased flowmeters to measure the flow of gas in its pipelines on account at a cost of $320,000. On January 27 , 2025 , Vpem paid $12,800 in cash to have the new flowmeters installed and calibrated to its requirements. 5. Crane's employees are paid a total of $5,120 per day. Four workdays elapsed between the last payday and the end of the fiscal year. (Ignore deductions for income tax, CPP, and El.) The four days were paid on January 5. 6. The company carries spare parts in inventory, and in January it purchased $96,000 in spare parts on account and made payments of $128,000 to suppliers. Prepare the journal entries to record the January transactions and adjustments. (Ignore the amounts that the company pays for its share of CPP and EI.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)