The following information is from the trial balance of the formation is from the trial balance of the Basil Herb Company. Accounts Payable Accounts Receivable Accumulated Depreciation Equipment Allowance for Doubtful Accounts Bonds Payable Cash Common Stock Discount on Bonds Payable Equipment Insurance Expense Interest Expense Inventory $ 234,000 164,000 225,000 16,500 1,000,000 325,000 60,000 17,100 950,000 30,000 16,900 300,000 200,000 Notes Payable (due 6/1/15) 90,000 Prepaid Rent 824,000 Retained Earnings 178,000 Salaries and Wages Expense 17,600 Salaries and Wages Payable 15,000 Unearned Revenue (All of the above accounts have their normal debit or credit balances.) Required: Prepare adjusting journal entries at year end, December 31, 2014, for the Basil Herb Company using the following supplemental information. Plooid the a. Unexpired insurance at 12/31/14 is $22,500. b. The equipment has a useful life of 15 years with 10,000 salvage value. (Straight-line method being used.) c. Interest accrued on the bonds payable is $16,000 as of 12/31/14. The discount is straight line amortized over the course of the bonds. Bonds were issued January 1. 2014 for $318,000 due in 10 years paying interest semiannually on July 1, and Jan. d. The unearned revenue of 15,000 was received June 1, 2014 to be earned evenly over the course of the year. e. The rent payment of $90,000 covered the six months from November 30, 2014 through May 31, 2015. f. Salaries and wages earned but unpaid at 12/31/12, $42,600