Required information [The following information applies to the questions displayed below.] Daily Driver, Incorporated (DDI), operates a driving service through a popular ride-sharing app. DDI has prepared a list of unadjusted account balances at its December 31 year-end. You have reviewed the balances and made notes shown in the right column. DAILY DRIVER, INCORPORATED Unadjusted Trial Balance Debit Account Name Cash $ 1,200 Supplies 90 Prepaid Insurance 1,400 Equipment Accumulated Depreciation Salaries and Wages Payable At December 31 Credit 48,000 $ 2,880 0 Income Tax Payable 0 Common Stock Retained Earnings 29,000 5,630 Service Revenue 24,370 Salaries and Wages Expense 9,600 Supplies Expense 140 Depreciation Expense 0 Insurance Expense 0 Fuel Expense 1,450 Income Tax Expense 0 Totals $ 61,880 $ 61,880 Notes This equals the bank balance. Only windshield washer fluid that cost $30 remains at December 31. This amount was paid January 2 for car insurance from January 1 through December 31 of this year. This is the car's purchase price. The car will be two years old at the end of December. DDI has not yet paid or recorded $880 of salary for December. DDI paid all its taxes from last year. DDI issued 5,800 shares at $5 each. This is the total accumulated earnings to January 1 of this year. All revenue is received in cash when the service is given. DDI's only employee receives a salary of $880 for December. This is the cost of windshield washer fluid used to November 30. The car's benefits are being used up about $2,880 per year. No car insurance has been paid for next year. All fuel is paid for in cash. DDI's tax rate is 20% of income before tax.