Kingbird Company has the following balances in selected accounts on December 31, 2022. Accounts Receivable Accumulated Depreciation-Equipment Equipment Interest Payable Notes Payable Prepaid Insurance Salaries and Wages Payable Supplies Unearned Service Revenue $0 0 10,920 0 15,600 3,276 0 3,822 46,800 All the accounts have normal balances. The following information has been gathered at December 31, 2022. 1. Kingbird Company borrowed $15,600 by signing a 12%, one-year note on September 1, 2022. Interest will be paid when the note is repaid. 2 A count of supplies on December 31, 2022, indicates that supplies of $1,404 are on hand. 3 Depreciation on the equipment for 2022 is $1,560.