[The following information applies to the questions displayed below.]

North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.

Account Titles	Debit				Credit
Cash	$	12,800
Accounts Receivable		6,800
Prepaid Rent		2,560
Equipment		21,800
Accumulated Depreciation					$	1,080
Accounts Payable						1,080
Income Tax Payable						0
Common Stock						25,600
Retained Earnings						2,900
Sales Revenue						52,400
Salaries and Wages Expense		25,800
Utilities Expense		13,300
Rent Expense		0
Depreciation Expense		0
Income Tax Expense		0
Totals	$	83,060			$	83,060

Other data not yet recorded at December 31:

1. Rent expired during the year, $1,280.
2. Depreciation expense for the year, $1,080.
3. Utilities used and unpaid, $9,800.
4. Income tax expense, $470.

Required:

1. Indicate the accounting equation effects of each required adjustment. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.)