Current Attempt in Progress The Pronghorn Theater is nearing the end of the year and is preparing for ameeting with its bankers to discuss the renewal of a loan. The accounts listed below appeared in the December 31,2020 , trial balance: Additionalinformation is wailoble as follow. whei the striblut fine method tor depreciation. montily bavh Additional information is available as follows: 1. The equipment has an estimated useful life of 16 years and a salvage value of $36,800 at the end of that time. Pronghorn uses the straight-line method for depreciation. 2. The note payable is a one-year note given to the bank January 31 and bearing interest at 10 .6, Interest is calculated on a monthly basis. 3. Latein December 2020 , the theater sold 390 coupon ticket books at $50 each. 240 of these ticket books books hive been used by year-end. The cash received was recorded as Unearned Service Revenue. 4. Advertising paid in advance was $6,090 and was debited to Prepaid Advertising. The company has used $2,530 of the advertising as of December 31,2020 . 5. Salaries and wases accrued but unpaid at December 31,2020 , were $3,580 (a) Prepare any adjuating journal entries necessary tor the year ended December 31, 2020, fCredit dccount tilles are automatically indented when the amount is entered. Do not indent manually, Prepare ary adjusting journal entries necessary for the year ended December 31, 2020, fCredit account vitles are oufomaticokl indented when the amount is entered. Do not indent maruglyd