Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2024, appears below. Account Title Cash Accounts receivable Supplies Inventory Notes receivable Debits $30,000 40,000 1,500 60,000 Credits 20,000 Interest receivable Prepaid rent 2,000 Prepaid insurance 6,000 office equipment 80,000 Accumulated depreciation Accounts payable $ 30,000 31,000 Salaries payable 0 Notes payable 50,000 Interest payable Deferred sales revenue 2,000 Common stock 60,000 Retained earnings 28,500 Dividends 4,000 Sales revenue 146,000 Interest revenue Cost of goods sold 70,000 Salaries expense 18,900 Rent expense 11,000 Depreciation expense 0 Interest expense 0 Supplies expense 1,100 Insurance expense 0 Advertising expense 3,000 Totals $ 347,500 $ 347,500 Information necessary to prepare the year-end adjusting entries appears below.