Pop's Bourbon Barrel is a company in Northwest Michigan. On December 31st it had the following account balances: Service Revenue, $38,000 Deferred Revenue, $3,800 Interest Income $1,100 Prepaid insurance, $2,800 (12 month annual policy) Note Payable, $8,500 at 5.7% (due February 15th) Supplies, $1,300 Supplies Expense, $100 Salary Expense, $18,000 Interest Expense $120 Additional information at December 31st included: The company pays $3,300 in salaries every two weeks (10 working days). The next pay day is Friday, January 4th. Insurance policy was purchased October 1st Money was borrowed on the note payable on September 31 Supplies on hand, $485 at December 31. On December 27th. the company received a vendor shipping notice relating to $1,482 of supplies. They received the supply shipment on January 3rd. Deferred revenues relates to customer prepayments for holiday football parties. All revenues were earned except for $1,520 for college bowl football parties during the first week of January. Prepare adjusting journal entries for the above information. How much did Jamison's net income change after their adjusting entries