Pastina Company sells various types of pasta to grocery chains as private label brands. The company's is December $31.$ The unadjusted trial balance as of December $31,2024,$ appears below.

$\backslash$table$[[$Account$.$ Title,Debits,Credits$],[$Cash$,35,500,],[$Accounts receivable,$43,000,],[$Supplies$,3,000,],[$Inventory$,63,000,],[$Notes receivable,$23,000,],[$Interest receivable,$0,],[$Prepaid rent,$2,500,],[$Prepaid insurance,$9,000,],[$office equipment,$92,000,],[$Accumulated depreciation,,$34,500],[$Accounts payable,,$34,000],[$Salaries payable,,$0],[$Notes payable,,$53,000],[$Interest payable,,$0,500],[$Deferred sales revenue,,$81,000],[$Common stock,,$36,000],[$Retained earnings,$7,000,161,000],[$Dividends$,,],[$Sales revenue,$85,000,],[$Interest revenue,$20,400,],[$Cost of goods sold,$12,500,],[$Salaries expense,$0,],[$Rent expense,$0,],[$Depreciation expense,$2,600,],[$Interest expense,$0,],[$Supplies expense,$4,500,],[$

Depreciation on the office equipment for the year is $$11,500.$

Employee salaries are paid twice a month, on the $22$ nd for salaries earned from the $1$ st through the $15$ th$,$ and on the $7$ th of the following month for salaries earned from the $16$th through the end of the month. Salaries earned from December $16$ through December $31,2024,$ were $$1,550.$

On October $1,2024,$ Pastina borrowed $$53,000$ 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 $1,2024,$ the company lent a supplier $$23,000,$ and a note was signed requiring principal and interest at $8\%$ to be paid on February $28,2025.$

On April $4,2024,$ the company paid an insurance company $$9,000$ for a one$-$year fire insurance policy. The entire $$9,000$ was debited to prepaid insurance at the time of the payment.

$$920$ of supplies remained on hand on December $31,2024.$

The company received $$3,500$ from a customer in December for $1,500$ pounds of spaghetti to be delivered in January $2025.$ Pastina credited deferred sales revenue at the time cash was received.

On December $1,2024,$$$2,500$ rent was paid to the owner of the building. The payment represented rent for December $2024$ and January $2025$ at $$1,250$ per month. The entire amount was debited to prepaid rent at the time of the payment.

Problem $2-3($Algo$)$

Insurance expense,$403,000,$$$403,000$