sheet, but railed to take into accounr three aajusting enties. The bainice she s On December 31, 2017, Crane Company prepared an income statement and balance assets $156,000, total liabilities $72,800, and stockholders' equity $83,200. The incorrect income statement showed net income of $72,800. The data for the three adjusting entries were: 1. Salaries and wages amounting to $10,400 for the last 2 days in December were not paid and not recorded. The next payroll wll be in January. 2. Rent payments of $8,320 was received for 2 months in advance on December 1. The entire amount was credited to Unearned Rent Revenue when paid 3. Depreciation expense for 2017 is $9,360. Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). Item Incorrect balances Net Income Total Assets Total Liabilities Stockholders Equity 83,200 $72,800 $156,000 $72,800 Effects of: Salaries and Wages Rent Revenue Depreciation Correct balancess Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Riverbed Corp. is provided below Debit Credit Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earmings Supplies Expense $78,410 28,400 14,260 229,820 98,390 $57,240 123,980 24,730 198,500 6,700 3,890 66,740 1,510 dosing entries. (credit account tites are automaticliy indented when the amount is entered. Do not indent manully, I' no entry h nequired set for the account titles and enter 0 for the amounts) Debit Credit Date Account Titles and Explanation Dec. 31 LUIL Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income to retained earnings) Dec. 31 Retained Earnings