Current Attempt in Progress Sunland Garnes inc adjusts its accounts annually, The following information is avaliable for the year ended December 31,2027. 1. Purchased a 1-year insurance policy on June 1 tor $2,088 cash. 2. Paid $7,540 on August 31 for 5 months rent in advance. 3. On September 4 , received $4,176 cash in advance from a corporation to sponsor a game each month for a totalof 9 months for the most improved students at a locas school. 4. Signed a contract for cleaning services starting Decienber 1 for $1,160 per month, Pailt for the first 2 months ont November 90. (Hint: Use the account Prepaid Cleaning to record jrepayments) 5. On December 5 , received 51,740 in sdvance troma gaming ciub. Determined that on December 31,5560 of these ifames had not yet been played. - Decreases in assets, Ilablititles, or stockholders' equilty require a negative sign or parentheses. - increases in expenses requile a negotive sign or porentheses. - increases in Accumulated Depreclation require a negative slgn or parentheses