On December 31, 2022, Pharoah Company prepared an income statement and balance sheet, but failed to take into account three adjusting entries. The balance sheet showed total assets $129,000, total liabilities $60,200, and stockholders' equity $68,800. The incorrect income statement showed net income of $60,200. The data for the three adjusting entries were: 1. Salaries and wages amounting to $8,600 for the last 2 days in December were not paid and not recorded. The next payroll will be in January Rent payments of $6,880 was received for 2 months in advance on December 1. The entire amount was credited to Unearned Rent Revenue when paid. Depreciation expense for 2022 is $7,740. 2. 3. Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). Net Income Total Assets Total Liabilities Stockhc Item Incorrect balances $60,200 $129,000 $60,200 Effects of: Salaries and Wages Rent Revenue Depreciation Correct balances $ $ $ $ $