The Beaver Zoo operates a tourist attraction in Manitoba. The company settles its accounts at the end of each month. The selected accounts below reflect balances after the adjusting entries were prepared on April 30. The adjusted trial balance shows the following:

 Prepaid Rent $8,000

 Fences 30,000

 Accumulated Depreciation – Fences 5,500

 Unearned Income 500

Data used in the preparation of adjusting entries:

1.	On April 1, three months' rent had been paid in advance.

2.	The fence depreciates over a five-year period.

3.	Unearned revenue represents tickets sold for future visits to the zoo. Tickets were sold at  $4.00 each on April 1st. During April, 25 of the tickets were used by customers.

Instructions

a)	Calculate the following:

1.	Monthly rental expenses.

2.	The age of the fence in months.

3.	The number of tickets sold on April 1.

b)	Prepare the adjusting entries that Beaver Zoo made on April 30.