GL0302 (Algo) - Based on Problem 3-3A LO P1, P2, P3, P4, P5 Mitchell Technical Institute (MTI), a school owned by Rick Mitchell, provides training to individuals who pay tuition directly to the school. MTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2022, is found on the trial balance tab. MTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31 follow. An analysis of MTIs insurance policies shows that $2,500 of coverage has expired. An inventory count shows that teaching supplies costing $3,600 are available at year-end. Annual depreciation on the equipment is $5,600. Annual