"Problem 3-2A The Skyline Motel opened for business on May 1, 2015. Its trial balance before adjustment on May 31 is as follows. SKYLINE Trial Balance May 31, 2015 101 3,459 2,108 Prepaid Insurance 14,010 141 14,520 Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense 11,954 11,849 610 3,245 $102,195 $102,195 In addition to those accounts listed on the trial balance, the chart of accounts for Skyline Motel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies ExpensE, No. 718 Interest Expense, and No. 722 Insurance Expense Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2015. 2. A count of supplies shows $736 of unused supplies on May 31 3. Annual depreciation is $3,024 on the buildings and $1,452 on equipment. 4" The mortgage interest rate is 12%.(The mortgage was taken out on May 1.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salanies of $780 are accrued and unpaid at May 31 Prepare a balance sheet at May 31. (List assets in order of liquidity. List Property, plant and equipment in order of land, buildings and equipment.) SKYLINE MOTEL Balance Sheet May 31, 2015 Assets 10 Liabilities and Stockholders' Equity