Into Account Dashboard ALEKS-Ana Aguila... Mail-Aguilar, Ana... MyEducator-BUS... Chapter 4 Homework 1 Sned You received no credit for this question in the previous attempt View previous at 3 points 012630 eBook Gordon Company started operations on January 1 of the current year. It is now December 31, the end of the current annual accounting period. The part-time bookkeeper needs your help to analyze the following three transactions a. During the year, the company purchased office supplies that cost $3,200 At the end of the year, office supplies of $900 remained on hand b. On January 1 of the current year, the company purchased a special machine for cash at a cost of $28,000 The machine's cost is estimated to depreciate at $2,800 per year. c On July 1, the company paid cash of $1,300 for a two-year premium on an insurance policy on the machine coverage began on July 1 of the current year Required: Complete the following schedules with the amounts that should be reported for the current year H Complete this question by entering your answers in the tabs below. Print Perferences Required 1 Required 2 Complete the following schedule for Balance sheet at December 31 with the amounts that should be reported for the current Note: Amounts to be deducted should be indicated by a minus sign. year. Selected Balance Sheet Accounts at December 31 Amount to be Reported Mc Assets Equipment Accumulated depreciation Net book value of equipment Office supplies Prepaid insurance Remind Required 2 >