Sunland Company, a manufacturer of electrical components, provided the following information from its accounting records for the year ended December 31, 2017.

Inventory at December 31, 2017 (based on physical count of goods in Sunlands plant, at cost, on December 31, 2017)		$ 2,504,000
Accounts payable at December 31, 2017		1,856,000
Net sales (sales less sales returns)		17,574,000

Additional information is as follows.

1.		Goods received from a vendor on December 29, 2017, were included in the physical count. However, the related $ 23,450 vendor invoice was not included in accounts payable at December 31, 2017, because the accounts payable copy of the receiving report was lost.
2.		Included in the physical count were components billed to a customer f.o.b. shipping point on December 30, 2017. These components had a cost of $ 27,950 and were billed at $ 35,950. The shipment was on Sunlands loading dock waiting to be picked up by the common carrier.
3.		Goods, with an invoice cost of $ 28,950, received from a vendor at 6:00 p.m. on December 31, 2017, were recorded on a receiving report dated January 2, 2018. The goods were not included in the physical count, but the invoice was included in accounts payable at December 31, 2017.
4.		Work in process inventory costing $ 44,950 was sent to an outside processor for plating on December 28, 2017.
5.		Components returned by customers and held pending inspection in the returned goods area on December 31, 2017, were not included in the physical count. On January 5, 2018, the components costing $ 22,950 were inspected and returned to inventory. Credit memos totaling $ 37,950 were issued to the customers on the same date.
6.		Goods were in transit from a vendor to Sunland on December 31, 2017. The invoice cost was $ 47,150, and the goods were shipped f.o.b. shipping point on December 26, 2017.
7.		Components shipped to a customer f.o.b. destination on December 29, 2017, were in transit at December 31, 2017, and had a cost of $ 17,550. Upon notification of receipt by the customer on January 3, 2018, Sunland issued a sales invoice for $ 24,950.
8.		On January 3, 2018, a monthly freight bill in the amount of $ 16,950 was received. The bill specifically related to merchandise purchased in December 2017, one-third of which was still in the inventory at December 31, 2017. The freight charges were not included in either the inventory or in accounts payable at December 31, 2017.

Prepare a schedule of adjustments as of December 31, 2017, to the initial amounts per Sunlands accounting records by showing separately the effect, if any, of each of the eight transactions on the December 31, 2017, amounts. (If an amount reduces the account balance then enter either with a negative sign preceding the number, e.g. -15,000 or in parenthesis, e.g. (15,000).)