Required information For each of the following transactions for the Sky Blue Corporation: Collected $5,100 rent for the period October 1 to December 31, which was credited to Deferred Revenue on October 1. Paid $3,360 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount. Used a machine purchased on October 1 for $58,800. The company estimates annual depreciation of $5,880. rev: 09_26_2018_QC_CS-140420 Give the accounting equation effects of the adjustments required at the end of the month on October 31. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.)