Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2016, appears below. Information necessary to prepare the year-end adjusting entries appears below. Depreciation on the office equipment for the year is $11, 000. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2016, were $1,600. On October 1, 2016, Pastina borrowed $44,000 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. On March 1, 2016, the company lent a supplier $14,000 and a note was signed requiring principal and interest a 0% to be paid on February 28, 2017. On April 1, 2016, the company paid an insurance company $5,200 for a two-year fire insurance policy. The entire $5,280 was debited to insurance expense. $100 of supplies remained on hand at December 31, 2016. A customer paid Pastina $1,400 in December for 1,320 pounds of spaghetti to be delivered in January 2017. Pastina credited sales revenue. On December 1, 2016, $2,200 rent was paid to the owner of the building. The payment represented rent for December 2016 and January 2017, at $1, 100 per month