Required information [The following information applies to the questions displayed below.] Riverside Company completed the following two transactions. The annual accounting period ends December 31 a. On December 31, calculated the payroll, which indicates gross earnings for wages ($185,000), payroll deductions for income tax ($18,500), payroll deductions for FICA ($21,000), payroll deductions for United Way ($4,200), employer contributions for FICA (matching), and state and federal unemployment taxes ($2,400). Employees were paid in cash, but these payments and the corresponding payroll deductions and employer taxes have not yet been recorded. b. Collected rent revenue of $4,920 on December 10 for office space that Riverside rented to another business. The rent collected was for 30 days from December 11 to January 10 and was credited in full to Deferred Revenue 3. Show how any liabilities related to these items should be reported on the company's balance sheet at December 31. RIVERSIDE COMPANY Balance Sheet (partial) At December 31