Rapco Custom Cable Company prepares monthly financial statements. Listed below are some selected accounts and their balances that are taken from the January 31st Trial balance before any adjustments have been made for the month of January. Ranco Custom Cahle Comnanv An analysis of the account balances listed above by the company's accountant provided the following additional information: 1. A physical count of shop supplies indicated $3,230 of supplies are still on hand at Lanuary 31st. 2. A 6-month property insurance policy was purchased and paid in full on January 1st in the amount of $2,400. 3. Equipment depreciates at $6,000 per year. 4. Rapco rented some of its unused space to a neighboring business. The neighboring business paid Rapco several months rent in advance. The amount of amount of rent revenue received in advance and still remaining unearned at January 31st is $2,000. 5. A bill was received during the first week of February from SMUD. The bill totaled $1,325. The billing detail indicates it is for electrical service during the month of January, the due date for payment is February 20th. Instructions: Using the information provided above, prepare the adjusting journal entries that should be made by Rapco Custom Cable Company on January 3114, remember: you are doing adjusting journal entries for just a one-month period - the month of January. Be sure to prepare all entries using proper format and be sure to also use proper account names