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Mint Cleaning Incorporated prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported

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Mint Cleaning Incorporated prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported in thousands of dollars.) Other data not yet recorded ot December 31 a insurance expired daring the year $8 b. Depreciation expense for the year, $7 c. Solories and wages payable. Sio. di income tox experse. $12 3. By what a moum would net income have been understated or overstated had the adjusting joumal entries not been fecorded? (Enter your answers in thousands, not in dollars (i.e., 10,000 should be entered os 10).)

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