E4-18 Greenock Limited has the following information available for accruals for the year ended December 31, 2017. The company adjusts its accounts annually 1. The December utility bill for $425 was unrecorded on December 31. Greenock paid the bill on January 11 2. Greenock is open 7 days a week and employees are paid a total of $3,500 every Monday for a 7-day (Monday-Sunday) workweek. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 28-Thursday, December 31) that they have not been paid for by year-end. Employees will be paid next on January 4 3. Greenock signed a $45,000, 5% bank loan on November 1, 2016, due in 2 years. Inter est is payable on the first day of each following month 4. Greenock receives a fee from Pizza Shop next door for all pizzas sold to customers using Greenock's facility. The amount owed for December is $300, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) 5. Greenock rented some of its unused warehouse space to a client for $6,000 a mon th, payable the first day of the following month. It received the rent for the month of December on January 2