Problem 3-5 The accounts listed below appeared in the December 31 trial balance of the Metlock Theater Debit Credit Equipment Accurmulated Depreciation-Equipment Notes Payable Admissions Revenue Advertising Expense Salaries and Wages Expense Interest Expense 5204,416 $62,760 126,000 383.300 14,190 57,930 1,960 From the account balances listed above and the information given below, prepare the annual adjusting entries necessary on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,250.) (1) The equipment has an estimated life of 16 years and a salage value of $22,784 at the end of that time. (Use straight-line method.) (2) The note payable is a 90-day note given to the bank on October 20 and bearing interest at 8%. (Use 360 days for denominator.) (3) In December, 1,950 coupon admission books were sold at $30 each and recorded as Admissions Revenue. They could be used for admission any time after January 1 (4) Advertising expense paid in advance and included in Advertising Expense $1,045. (5) Salaries and wages accrued but unpaid 54,596