Strand Corp had the following:Unadjusted Trial Bal.debitcredit$$120,000810,000$$$280,000$$$15,000$Adjustments debitCashCommon StockUnearned Revenue Sales$/$RevenuesEquipmentAccum DeprecWage expUtilities expRent expCost of Goods Sold Accounts payableSuppliesAccounts receivableNote payableRetained earningsPrepaid insuranceInsurance expBad Debt expDepreciation expInterest expAccrued Interest payableSupplies expcreditAdjusted Trial Balance debitcredit$$125,000$$$50,000$$$5,000$$$13,000$$$111,000$$$36,000$$$50,000$$$10,800$$$100,000$$$55,000$$$4,800$Total$$514,800$ $$514,800$REQUIRED:$($BE SURE TO NUMBER YOUR ADJUSTMENTS$)$Based on the following info, make the necessary adjustments to the Worksheet andprepare an Adjusted Trial Balance, with final totals$1.$ Prepaid insurance represents $6$mths$,2$mths have expired$2.$ Estimated bad debts $=1\mathrm{.}5\%$ of gross sales$3.$ Depreciation on equipment $=15\%4.$ Interest at $7\%$ has not been accrued for $4$mths$5.60\%$ of the unearned revenue has been earned$6.$ The balance in supplies at the end of the period $=$ $$8,000$