Need help to fill the below table and 3 questions

1.If Under Armour, Inc. did not record the adjusting entries above at year end, what would their net income have been for 2016?

2.If Under Armour, Inc. did not record the adjusting entries at year end, what would the effect have been on their current ratio for 2016?

3.Why did Under Armour Inc. record the accrued expenses in 2016, even though it won't pay the amounts until 2017?

hccrual Basis of Accounting 2. If Underm Inc. did not record the adjusting entries above at yearend, Under 5 Inc Annual Report what would their net income have been for 2016'? In their 2016 Annual Report, Under Armlnc. disclosed the following in Note 2 (p. 65): 3. If Underm Inc. did not record the adjusting entries at yearend, what 466N911 EXPENSE, would the effect have been on their current ratio for 2016'? At December 31, 2016, accrued apensg primarily included $60.8 million and $24.7 millianof accrued compensation and benets and marketing expenses, respectively. At December 31, 2015, accrued apenses primarily included $63.8 million and $17.8 millianof accrued compensation and benets and marketing expenses, respectively. 1. Prepare journal entries representative of the two adjusting entries recorded by Under W Inc. for compensation and marketing expenses at December 31,2016. Indicate the impact or : increase, or : decrease) of the entries on the balance sheet and income statement categories. 4. Why did Undermlnc. record the accrued expenses in 2016, even . , . ,7 Assume that in 2017, Under W Inc. paid the compensation and though It won t pay the amounts until 2017' marketing expenses accrued at the end of 2016. Prepare summaryjou mal entries representing payment of the accrued expenses. Indicate the impact (a : increase, or 9 :decrease) of the entries on the balance sheet and income statement categories. BALANCE SHEET INCOME STIT DATE ACCOUNT NAME DEBIT CREDIT 11131116