The Blossom Hotel opened for business on May 1, 2025. Here is its trial balance before adjustment on May 31. Blossom Hotel Trial Balance May 31, 2025 Debit Credit Cash $2,513 Supplies 2,600 Prepaid Insurance 1,800 Land 15,013 Buildings 67,600 Equipment 16,800 Accounts Payable Unearned Rent Revenue Notes Payable $4,713 3,300 33,600 Common Stock 60,013 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $110,626 $110,626 Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,070 of unused supplies on May 31. 3. Annual depreciation is $2,760 on the building and $2,160 on equipment. 4. The notes payable interest rate is 5%. (The note was taken out on May 1 and has a 1-year life. Interest and principal are to be repaid at the maturity of the note.) 5. Unearned rent of $2,620 has been earned. 6. Salaries of $720 are accrued and unpaid at May 31.