Marigold Corp's unadjusted trial balance at December 1,2022 , is presented below. Salaries and Wages Payable 0 Notes Payable (due April 30 , 2023) 14,520 Income Taxes Payable Interest Payable Notes Payable (due in 2028) 46,200 Common Stock 66,000 Retained Earnings 83,952 Dividends 15,840 Sales Revenue 1,188,000 Interest Revenue 0 Gain on Disposal of Plant Assets 0 Bad Debt Expense 0 Cost of Goods Sold 831,600 Depreciation Expense : 0 Income Tax Expense 0 Insurance Expense 0 Interest Expense 0 The following transactions occurred during December. Dec. Purchased equipment for $21,120, plus sales taxes of $1,056 (paid in cash). 2 2. Marigold sold for $4,620 equipment which originally cost $6,600. Accumulated depreciation on this equipment at January 1, 2022, was $2,376;2022 depreciation prior to the sale of equipment was $1,089. 15 Marigold sold for $6,600 on account inventory that cost $4,620. 23 Salaries and wages of $8.712 were paid. Adjustment data: 1. Marigold estimates that uncollectible accounts receivable at year-end are $5,280. 2. The note receivable is a one-year, 8% note dated April 1, 2022. No interest has been recorded. 3. The balance in prepaid insurance represents payment of a $4,752,6 month premium on September 1,2022. 4. The building is being depreciated using the straight-line method over 30 years. The salvage value is $39,600. 5. The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value is 10% of cost. 6. The equipment purchased on December 2, 2022, is being depreciated using the straight-line method over 5 years, with a salvage value of $2,376. 7. The patent was acquired on January 1, 2022, and has a useful life of 9 years from that date. 8. Unpaid salaries at December 31,2022 , total $2,904. 9. Both the short-term and long-term notes payable are dated January 1,2022 , and carry a 10% interest rate. All interest is payable in the next 12 months. 10 Income tax expense was $19,800. It was unpaid at December 31 . Prepare journal entries for the transactions listed above and adjusting entries. (Credit occount tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.)