The following information applies to the questions displayed below.] f lessons. Its unadjusted trial balance at December 31, 2015, follows, Golf Academy, Inc., provides privete gol along with information about selected accounts Account Names Credit Further Information Debit $31,200 As reported on December 31 bank statement Based on count, only $130 of supplies still exist. Of this amount, $2.300 was received for December lessons and $430 for January lessons. Employees were paid $2,700 for 10 days of work through December 28 They have not yet been paid for work on December 29 and 30 The company has paid last year's income tax but not this year's tax. The company has not paid the $125 of interest owed on its note payable for the current period. Cash Supplies Unearned Revenue 460 s 2730 Salaries and Wages payable ncome Tax Payable Interest Payable 0 O 15,000 This one-year note was taken out this year on December 1. 1,000 This amount was contributed for common stock in prior years 2,300 This is the balance reported at the end of last year 47,730 Note Payable (long-term) Common Stock Retained Earnings Most customers pay cash for lessons each time they are provided but some customers pay in advance. Employees worked through December 30, but did not work on December 31. Service Revenue Salaries and Wages Expense 35,400 This is the cost of supplies used through November 30 The company has not paid the $125 of interest owed on its note payable for the current period The company has an average tax rate of 20%. 1,700 Supplies Expense Interest Expense Income Tax Expense 0 Totals $ 68,760 $ 68,760