For each of the following separate situations, determine the amount of expense each company should recognize in accrual basis accounting). a. Chipotle has monthly wages expense of $3,400 that has been incurred but not paid as of December 31 . b. United Airlines purchases a 24-month insurance policy for $51,000 on December 1 for immediate coverage. c. On December 15, Pfizer prepays $22,000 for hotel rooms for its annual sales meeting in January