Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial balance at March 31 before adjustments is as follows: Debit Credit Cash $10,920 Accounts receivable 9,620 Supplies 1,300 Prepaid Insurance 3,120 Equipment 26,000 Accumulated depreciation: $10,400 Equipment Unearned Service Revenue 6,500 Capital stock 5,200 Retained earnings 23,400 Dividends 1,560 Service Revenue earned 16,510 Salaries Expense 7,800 Utilities Expense 390 Rent Expense 1,300 $62,010 $62,010 According to service contracts, $4,810 of the Unearned Service Revenue has been earned in March. Equipment Unearned Service Revenue 6,500 Capital stock 5,200 Retained earnings 23,400 Dividends 1,560 Service Revenue earned 16,510 Salaries Expense 7,800 Utilities Expense 390 Rent Expense 1,300 $62,010 $62,010 According to service contracts, $4,810 of the Unearned Service Revenue has been earned in March. Question 1. Calculate the amount of Service Revenue Earned to be reported in the March income statement. Question 2. At March 31, the amount of supplies on hand is $520. What amount is reported in the January income statement for supplies expense? Question 3. The equipment had an estimated useful life of five years. Compute the book value of the equipment at March 31, after the proper March adjustment is recorded