Reliable Repairs and Service, an electronics repair store, prepared the following unadjusted trial balance at the end of its first year of operations: Reliable Repairs and Service Unadjusted Trial Balance April 30, 2018 Debit Balances Credit Balances Cash 12,990 Accounts Receivable 86,280 20,790 Supplies Equipment Accounts Payable 433,690 20,270 22,870 Unearned Fees Common Stock 55,000 Retained Earnings 242,000 Dividends 17,150 Fees Earned 519,750 Wages Expense Rent Expense 120,580 92,000 66,010 10,400 Utilities Expense Miscellaneous Expense 859,890 859,890 For preparing the adjusting entries, the following data were assembled: Fees earned but unbilled on April 30 were $9,400. Supplies on hand on April 30 were $ 7,680. Depreciation of equipment was estimated to be $12,990 for the year. The balance in unearned fees represented the April 1 receipt in advance for services to be provided. During April $18,070 of the services was provided. Unpaid wages accrued on April 30 were $1,660. Required: 1. Journalize the adjusting entries necessary on April 30, 2018. 2. Determine the revenues, expenses, and net income of Reliable Repairs and Service before the adjusting entries. Revenues Expenses Net income 3. Determine the revenues, expenses, and net income of Reliable Repairs and Service after the adjusting entries. Revenues Expenses Net income 4. Determine the effect of the adjusting entries on Retained Earnings. Retained Earnings by $