Required information For each of the following transactions for the Sky Blue Corporation: a. Collected $4,200 rent for the period October 1 to December 31, which was credited to Deferred Revenue on October 1 b. Paid $2,640 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount. c. Used a machine purchased on October 1 for $55,200. The company estimates annual depreciation of $5,520. 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.) Transaction Assets Liabilities + Stockholders' Equity a. b. c