Please analyze the leadership of Mr. Welch from General Electric and Mr. Goodnight from SAS. 22. The information presented below is for Sponge Bob, Inc. Prepare the adjusting entries that should be made on December 31,2017. A. Salaries for the period December 26,2017 , through December 31, 2017 , amounted to $17,840 and have not been recorded or paid. (Ignore payroll taxes. 2 points) B. Interest of $5,225 is payable for three months on an 11%,$190,000 loan and has not been recorded. ( 2 points) C. Rent of $36,000 was paid for six months in advance on December 1 and debited to Prepaid Rent. ( 2 points) D. Rent of $76,000 was credited to an unearned revenue account when received. Of this amount, $42,100 is still unearned at year-end. (2 points) E. The expired portion of an insurance policy is $2,400. Prepaid Insurance was originally debited. (2 points)