Question 1 (100 marks) Joanna Kennedy Institute prowides one-on-one training to indrviduals who pay tuition directly to the business and also offers extension training to groups in off-site locations. The institule prepares adjusting entries monthly. The following is the unadjasted Trial Balance for the yeat ended December 31, 2021. Additional information available on December 31, 2021 are as follows: a. An analysis of the company's policies shows that $31,000 of insurance coverage has expired. b. An inventory shows that teaching supplies costing $13,400 are on hand at the end of the month. c. The estimated monthly depreciation on the equipment is $650. d. The estimated monthly depreciation oa the professional library is $320. e. The school's only employee is paid weekly. As of the end of the month, wages of $1,200 have accrucd. f. The balance in the prepaid rent account represents the rent for December, Janury, February, and March. 2 REQUIRED: 1. Prepare an adjusted Trial Balance for the month ended December 31, 2021