Required information [The following information applies to the questions displayed below) Mint Cleaning Incorporated prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. (Assume amounts are reported in thousands of dollars.) Credit Debit $ 44 15 7 92 Account Titles Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Insurance Expense Salaries and Wages Expense Supplies Expense Income Tax Expense Totals $0 15 0 0 91 7 93 0 16 32 0 $ 206 $ 206 Other data not yet recorded at December 31: a. Insurance expired during the year, $5. b. Depreciation expense for the year, $4. c. Salaries and wages payable, $7. d. Income tax expense $9. Required: Required information Journal Entry Required" in the first account field. Enter your answers in thousands of dollars.) View transaction list X 1 Record the entry for insurance expired during the year, $5. 2 Record the entry for depreciation expense for the year, $4. 3 Record the entry for salaries and wages payable of $7. 4 Record the entry for income tax payable of $9. Credit Note : journal entry has been entered Record entry Clear entry View general Journal 04 Required: 3. By what amount would net income have been understated or overstated had the adjusting journal entries not been recorded? (Enter your answers in thousands of dollars.) Not Income by