E4-9 On December 31, 2018, Water Ltd. prepared an income statement and statement of financial position, but failed to take into account three adjusting journal entries. Prior to correcting this omission, the income statement reported net income of $90,000 and the statement of financial position reported total assets $170,000, total liabilities $70,000, and total (1 shareholders' equity $100,000. Information about the three missing adjusting entries is as follows: 1. Salaries owed amounting to $10,000 for the last two days worked in December were not accrued. The next payroll will be in January. 2. Rent of $8,000 was received for two months in advance on December 1. The entire amount was credited to Unearned. Co ac Revenue when received. 3. Depreciation of $9,000 was not recorded. Instructions Complete the following table to correct the financial statement amounts shown. (Indicate deductions with parentheses.) Total Shareholders' Equity Total Assets Total Liabilities Net Income Incorrect balances $90,000 $170,000 $70,000 $100,000 Adjustments: 1. Salaries 2. Rent 3. Depreciation Correct balances