[The following information applies to the questions displayed below] The following are transactions for the Sky Blue Corporation: a. Collected $2,400 rent for the period October 1 to December 31. which was credited to Deferred Revenue on October 1 b. Paid \$1,200 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount. c. Used a machine purchased on October 1 for $48,000. The company estimates annual depreciation of $4,800 equired: or each of the above transactions for the Sky Blue Corporation, prepare the adjusting journal entries required on October 31 . (if no intry is required for a transaction/event, select "No Journal Entry Requlred" in the first account field.)