The Cullumber Company opened for business on May 1, 2022. Its trial balance before adjustment on Ma Cullumber Company Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $ 2,800 126 Supplies 1,664 130 Prepaid Insurance 1,920 140 Land 9,600 141 Buildings 48,000 149 Equipment 12,000 200 Notes Payable $ 32,000 201 Accounts Payable 8.944 208 Unearned Rent Revenue 2,640 311 28,000 429 8,240 610 Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Experise 480 726 2,640 720 732 $ 79,824 $79.824 In addition to those accounts listed on the trial balance, the chart of accounts for Cullumber Company also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, Na. 150 Accumulated Depreciation Equipment. Na 212 Salaries and Wages Payable. No. 230 Interest Payable, No. 619 Depreciation Expense. No. 631 Supplies Expense. No. 718 Interest Expense, and No. 722 Insurance Expense. Other data: 9 Prepaid insurance is a 1-year policy starting May 1, 2022 A count of supplies shows $ 600 of unused supplies on May 31. of W 2 a Other data: 1. 2. 3. Prepaid insurance is a 1-year policy starting May 1, 2022. A count of supplies shows $ 600 of unused supplies on May 31, Annual depreciation is $ 2,400 on the buildings and $ 1.200 on equipment. The note payable interest rate is 12%. (The note was taken out on May 1 and will be repaid along with interest in 2 years.) Two-thirds of the unearned rent revenue has been earned. Salaries and wages of $ 600 are unpaid and unrecorded at May 31 4. 5. 6. Cullumber Company Income Statement $