On July 1, 2022, Carla Vista Co. pays $14,160 to Kingbird, Inc. for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Carla Vista Co., enter the July 1 transaction and the December 31 adjustment in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)