SECTION III Selected transactions of the Kimball Publishing Company during the year 2017 follow Apr. 1 Received $18,900 representing rent in advance for the use of extra office space for the period April 1, 2017 to March 31, 2018. Rent Revenue was credited for $18,900. Aug. 31 Paid a $5,280 premium for a two-year fire insurance policy beginning on September 1, 2017. Insurance Expense was debited for $5,280 Nov. 1 Kimball borrowed $150,000 on a 5-year annually 3% note. Interest is payable semi- 55% of$120,000 collected for magazine subscriptions during2017 applies to the years 2018 and 2019. Unearned Revenue was originally credited for $120,000 Dec. 31 The Allowance for Doubtful Accounts is estimated to be 2% of sales. Sales for 2017 were $4.5 million. Dec. 31 Instructions: As of December 31, 2017 provide the appropriate adjusting entries for Kimball, Inc