Following are two income statements for Alexis Co. for the year ended December 31. The left number column is prepared before adjusting entries are recorded, and the right column is prepared after adjusting entries. The company records cash receipts and payments related to unearned and prepaid items in balance sheet accounts. Income Statements For Year Ended December 31 Unadjusted Adjusted Revenues Fees earned $24,000 $29,400 Commissions earned 42,500 42,500 Total revenues $66,500 71, 900 Expenses Depreciation expense-Computers 0 1,350 Depreciation expense-office furniture 1,575 Salaries expense 12,500 14,705 Insurance expense 1,170 Rent expense 4,500 4.500 Office supplies expense 432 Advertising expense 3,000 3.000 Utilities expense 1,250 1,313 Total expenses 21,250 28.045 Net income $45,250 $43,855 Analyze the statements and prepare the seven adjusting entries that likely were recorded. Hint Entry for a refers to fees that have been eamed but not yet billed. None of the entries involve cash