Excalibur Corporation sells video games for personal computers. The unadjusted trial balance as of December 31, 2021, appears below. December 31 is the company's reporting year-end. The company uses the perpetual inventory system. Information necessary to prepare the year-end adjusting entries appears below. 1. The office equipment was purchased in 2019 and is being depreciated using the straight-line method over an nine-year useful life with no salvage value. 2. Accrued salaries at year-end should be $5,550. 3. The company borrowed $37,000 on September 1,2021 . The principal is due to be repaid in 12 years. Interest is payable twice a year on each August 31 and February 28 at an annual rate of 12%. 4. The company debits supplies expense when supplies are purchased. Supplies on hand at year-end cost $570. 5. Prepaid rent at year-end should be $1,700. The office equipment was purchased in 2019 and is being depreciated using the straight-line method over an nine-year useful life with no salvage value. Note: Enter debits before credits. Accrued salaries at year-end should be $5,550. Note: Enter debits before credits. The company borrowed $37,000 on September 1,2021 . The principal is due to be repaid in 12 years. Interest is payable twice a year on each August 31 and February 28 at an annual rate of 12%. Note: Enter debits before credits. The company debits supplies expense when supplies are purchased. Supplies on hand at year-end cost $570. Note: Enter debits before credits, Prepaid rent at year-end should be $1,700. Note: Enter debits before credits