Situations a. Depreciation on the equipment for the current year is $2,300. b. Each Monday, Mineral Bluf Welding Services pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Supplies was $2,200. During the year, Mineral Bluf Welding Services purchased supplies for $3,400, and at December 31 the supplies on hand totaled $1,600. d. Mineral Bluf Welding Services prepaid a two full years' insurance on April 1 of the current year, $5,040. Record insurance expense for the year ended December 31. e. Mineral Bluf Welding Services had earned $2,900 of unearned revenue. f. Mineral Bluf Welding Services had incurred (but not recorded) $120 of interest expense on a notes payable. The interest will not be paid until February 28. g. Mineral Bluf Welding Services billed customers $7,000 for welding services performed. Situations a. Depreciation on the equipment for the current year is $2,300. b. Each Monday, Mineral Bluf Welding Services pays employees for the previous week's work. The amount of weekly payroll is $2,100 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday. c. The beginning balance of Supplies was $2,200. During the year, Mineral Bluf Welding Services purchased supplies for $3,400, and at December 31 the supplies on hand totaled $1,600. d. Mineral Bluf Welding Services prepaid a two full years' insurance on April 1 of the current year, $5,040. Record insurance expense for the year ended December 31. e. Mineral Bluf Welding Services had earned $2,900 of unearned revenue. f. Mineral Bluf Welding Services had incurred (but not recorded) $120 of interest expense on a notes payable. The interest will not be paid until February 28. g. Mineral Bluf Welding Services billed customers $7,000 for welding services performed