I have a question on #3.The answer is $3,000($36,000x1/12).

Can you please explain? Thanks. Thanks.

Math Edition 143 Problem Set A unadjusted! 179 ALPINE EXPEDITIONS Unadjusted Trial Balance December 31, 2009 red $ 13,900 78.000 18,000 2,200 4,900 57,600 Cash Accounts receivable. Unexpired insurance Prepaid advertising. (Asses. Climbing supplies Climbing equipment Accumulated depreciation: climbing equipment Accounts payable Notes payable Interest payable Income taxes payable Unearned client revenue Capital stock Retained earnings. Client revenue earned Advertising expense Insurance expense Rent expense Climbing supplies expense Repairs expense Depreciation expense: climbing equipment Salaries expense.. Interest expense Income taxes expense. $ 38,400 1.250 10,000 150 1,200 9.600 17,000 62,400 188,000 7,400 33,000 16,500 8,400 4,800 13,200 57,200 150 (12,750 $328,000 $328,000 Other Data 1. Accrued but unrecorded fees earned as of December 31 amount to $6,400. 2. Records show that $6,600 of cash receipts originally recorded as unearned client revenue had been earned as of December 31. 3. The company purchased a 12-month insurance policy on June 1, 2009, for $36,000. 4. On December 1, 2009, the company paid $2,200 for numerous advertisements in several climbing magazines. Half of these advertisements have appeared in print as of December 31. 5. Climbing supplies on hand at December 31 amount to $2,000. 6. All climbing equipment was purchased when the business first formed. The estimated life of the equipment at that time was four years (or 48 months). 7. On October 1, 2009, the company borrowed $10,000 by signing an eight-month, 9 percent note payable. The entire note, plus eight months'accrued interest, is due on June 1, 2010. 8. Accrued but unrecorded salaries at December 31 amount to $3,100. 9. quarter of 2010. Estimated income taxes expense for the entire year totals 814,000. Taxes are due in the first dinsting entry (including an