The accounts listed below appeared in the December 31 trial balance of the Skysong Theater. Debit Credit Equipment $198,576 Accumulated Depreciation-Equipment $61,080 Notes Payable 90,000 Admissions Revenue 384,000 Advertising Expense 14,980 Salaries and Wages Expense Interest Expense 58,400 1,400 (a) From the account balances listed above and the information given below, prepare the annual adjusting entries necessary on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) (1) The equipment has an estimated life of 16 years and a salvage value of $23,328 at the end of that time. (Use straight-line method.) (2) The note payable is a 90-day note given to the bank October 20 and bearing interest at 8%. (Use 360 days for denominator.) (3) In December, 1,950 coupon admission books were sold at $30 each and recorded as Admissions Revenue. They could be used for admission any time after January 1. (4) Advertising expense paid in advance and included in Advertising Expense $1,183. (5) Salaries and wages accrued but unpaid $4,317. SUPPORT