Prepare in good form the adjusting journal entries for the year ended May 31, 2031. Kazz Industries' year-end is May 31. Based on an analysis of the unadjusted trial balance at May 31, 2031, the following information was available: 1. Machinery costing $65,500 was acquired on September 1 of this accounting period. It is estimated to have a useful life of six years. The machinery is estimated to have a $7,000 value at the end of its six-year life. 2. It was determined that $6,000 of completed work was included in the $9,200 Unearned Revenue account balance at year-end. 3. The Prepaid Insurance account showed a balance of $23,040. This was paid and takes effect on March 1 of this accounting period and represents a two-year policy. 4. Accrued salaries at year-end were $17,300. 5. $2,160 of interest had accrued on the $144,000 note payable. 6. At May 28, Kazz finished a consulting project for $16,800 and delivered the report to the client. The sale will be invoiced on June 3. 7. $11,340 worth of advertising was prepaid on January 1 of the current accounting period and debited to the Prepaid Advertising account. This covered four months of advertising beginning on the same date. 8. The Office Supplies account had a balance of $4,000 at the beginning of the accounting period. During the year, $27,500 of supplies were purchased and debited to the Office Supplies account. At year-end, a count of the supplies revealed that $29,400 had been used. t. At year-