Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. Tosimplify the case, the amounts given are in thousands of dollars. UNADJUSTED Account Titles Debit Cred Cash 19 Accounts receivable 16 Prepaid insurance Machinery 78 Accumulated depreciation Accounts payable 12 Wages payable Income taxes payable Common stock (7,000 shares) Additional paid-in capital Retained earnings 10 Revenues (not detailed) Expenses (not detailed) Totals 160 60 other data not yet recorded at December 31 include: a. Insurance expired during the current year, $9. b. Wages payable, $10. c. Depreciation expense for the cument year, $12. d. Income tax expense, $13. Required: 1. Prepare the adjusting entries for the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) view transa transaction list Journal E 1. Record the insurance expired in cument year but not recorded, $9. 123 2. Record the wages payable not recorded, $10. Reco 3. Record the depreciation, $12. 4. Record the unrecorded income tax expense, $13. ransactio journal entry has been entered