I have posted this 3 times before if you dont have the full answer please dont respond. if you respond with full answer I will thumbs up immediately!! Just help me out please

Tony and Surie graduate from college in May 2024 and begin developing their new business: They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve fout-person feams that race from one checkpoint to the next using a combination of kayaking. mountain biking, onenteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor enthusiasts. On July 1, 2024. Tony and Suxie organize their new company as a corporation, Great Adventures Incorporated The articles of incorporation state that the corporation will sell 32.000 shares of common stock for 51 each. Each share of stock represents a unit of ownership. Tony and Suzie will act as copresidents of the company. The following business activities occur during July for Great Adventures. Purchase a one-year Inturance policy for \$4, 800 (\$4e0 per month) to cover injurfes to perticipants during outdoor Fay legal fees of 51,300 assoclated with incorporation. Pay $300 to to tocestiles of $1,600 on account. an july 15. Attendees wli1 be charged sse the doy of the clinic. July a Purchase 10 mountain bikes, paying 112,000 cash. 7uly 15: On the day of the clinlc, Great Adventures receives cash of $2, 000 in total fron 40 bikers. Tony and surie conduct the Zuly m. mountain biking clinic. July 24. Foy sree to a local radio stat ion for advertising to appear Imediately. A koyaking clinic will be held on August 10 , July 30 . and attendees can pay 5100. In advance or $150 on the dey of the clinic. The following transertions occur over total cash of sh, 900 in advance fron 40 kayakers for the upconing kayok clinic. Great Adventures obtains a 530,000 low-interest lean for the conpany from the city cousil1, which has recently passed an initiative encouracine buniness development related to outdoor act ivitiet. The loan is due in three years, and 6x annual interest. is dot each year on July 31 . Augast 4 The ceepany porchases 14 kayaki, poying $25,000 cash. August 10. Tony and Surir conduct the first kayak clinic. In addition to the 54,000 that was recelved in advance fron kayakers on July Se, the canpary recelves adsitional cash of $3, oot fron 20 nes kayakers on the day of the clinic. Aubust 17 Tony and Surle canduct a second koyak clinic, and the conpany recelves 510 , see cash. Augurt 24 office supplies of 51, ase purchased on 3uly 4 are paid in full. Septenber I To provide better storage of mountain bikes and kayaks whien not in we, the congary rents a storage shed for cne year, paying 52,400 (5200 per aonth) in advance. Septeeber 21 Tony und Suple conduct a rock-clinbing cilinis. The coppany recelives $13,200 cash, October 17 Tony and Surle conduct an orlenteering cilinic. Farticlpants peactice how to understand a topogrophical map, read an alticeter, whe a cospass, and orient through heavily wooded areas. The conguny recelves 517 , 50 cash. orceaber 1 . Tony and Sutie decide to hold the conpuny's first adventure race on Deceaber 15. Four-person teoes will roce fran checkolnt to checkpoint waing a coobination of wountaln biking, ksyaking, orienteering. trafl running. and rockclinbing skills. The first tean in each cotegory to copplete oll checkpoints in order wins. The entry fee for rach tean is 5300 , Deceaber 5 To help organize and prowote the race, Tom hires his college roonate, victor. Victor intil be paid $50 in salary for cach tran that concetes in the roce. His salary will be pald after the race. Decenber a the coocany poys s1, 200 to purchase a pernit fron a stote pork where the race wall be held. The anount is recorded as Decenter 12 . The coopary purchuses recing supplies for $2, 000 on account due in ae doys, Supplies include trophies for the top: finishing tram in ewch category. prowotional shirts, snock foods and drinks for participants, and field serkers to prepare the racecourse. Decenber is The coopany recelves 520,000 cash fron a totel of forty teams, and the race is held. Oecenber is. the concacy poys virtor's salary of 52 , ees. becenter 31 the compury poys a dividend of 14,000 ( $2, ees to Tony and $2, 000 to suzie). The following information relates to year-end adjusting entries as of December 3t, 2024. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8,000. b. Sx months of the one-year insurance policy purchased on July 1 has expired c. Four months of the one-year rental agreement purchased on September 1 has expired. d. Of the $1,800 of office supplies purchased on July 4,$300 remains e. Interest expense on the $30,000 ioan obtained from the city council on August 1 should be recorded. 1. Ot the $2800 of racing supplles purchased on December 12,$200 remains 9. Surie calculates that the compary owes $14,000 in income taxes