O PART C: Record Adjusting Journal Entries (AJES) - 2Rts: 0.5pts each entry: The following additional information was gathered at August 31, 2021, the end of the firm's monthly accounting period. Assume Seven, Inc. uses a monthly accounting period and all adjustments and adjusting entries are made only at the end of each monthly accounting period. No adjusting entries have been made yet for the month ending August 31, 2021 related to the below items: o Accrued wages of $18,000 for work done 8/16 - 8/31/2021. On 7/1/2019, Seven, Inc. purchased the Equipment for $78,000. The equipment has $0 salvage value and has an estimated useful life of 5 years. Assume Seven uses the straight-line depreciation method to allocate the On 1/1/2021, Seven, Inc. had prepaid one year's rent, paying $12,000 in cash. This covered the period On 5/1/2020, Seven borrowed $40,000 from the local bank, signing a note payable. This note is due in 7 years and has an annual interest rate of 3.0%. Seven pays interest every April 30th and the next interest payment is due on April 30th, 2022. Record the AJEs related to the information above that Seven would make on 8/31/2021. Make sure to use proper formatting for all entries, and to include the date of each entry and a brief description of each entry. You must show all of your work on calculations to receive full credit. O OVER => PART D: Shares of Common Stock Outstanding (0.5pts): Calculate the number of shares of Common Stock that would be outstanding as of August 31, 2021. Show all calculations. PARTE: Calculate adjusted Net Income - 0.5pts: Calculate the amount of Net Income that Seven would report on its Income Statement for the month ended August 31, 2021. You must show all of your work on calculations to receive full credit. PART F: Calculate Total Stockholders' Equity - 0.5pts: Calculate the value of Total Stockholders' Equity that Seven would report on its Balance Sheet as of August 31, 2021. You must show all of your work on calculations to receive full credit