The following information applies to the questions displayed below. Ramirez Company is completing the information processing cycle at its fiscal year-end on December 31. Following are the correct balances at December 31 for the accounts both before and after the adjusting entries. The following information applies to the questions displayed below Ramirez Company is completing the information processing cycle at its fiscal year-end on December 31. Following are the correct balances at December 31 for the accounts both before and after the adjusting entries. Trial Balance, December 31 of the Current Year Before After Adjusting Entries Acjusting Entries Debit Credit Debit 14,200 a. Cash b. Accounts recevable c. Prepaid insurance d. Equipment e. Accumulated depreciation, equipment f. Income taxes payable g. Common stock and additional paid-in capital h. Retained earnings, January 1 I Service revenue J. Salary expense k. Depreciation expense I. Insurance expense m. Income tax expense 14,200 530 320 168,480 480 $ 46,000 1,850 109,000 13,540 74,830 S 40,800 109,000 13,540 74,300 54,480 5,200 160 1,850 $ 237,540 237,640 245,220 245,220