On December 31, 2025, Whispering Winds Company prepared an income statement and balance sheet, but failed to take into account three adjusting entries. The balance sheet showed total assets $120,000, total liabilities $56,000, and stockholders' equity $64,000. The incorrect income statement showed net income of $56,000. The data for the three adjusting entries were: 1. 2. Salaries and wages amounting to $8,000 for the last 2 days in December were not paid and not recorded. The next payroll will be in January. Rent payments of $6,400 was received for two months in advance on December 1. The entire amount was credited to Unearned Rent Revenue when paid. 3. Depreciation expense for 2025 is $7,200. Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Item Incorrect balances Net Income Total Assets Total Liabilities Stockh $56.000 $120,000 $56,000 Effects of: Salaries and Wages Rent Revenue Depreciation Correct balances $ $ eTextbook and Media