The following is Sandhill Cycle Repair Shop's trial balance at January 31, 2021, the company's fiscal year end. SANOFILL CYCLE REAR SHOP $534080 SS34080 Additional information The 12-month insurance policy was purchased on June 1, 2020. 2. A physical count of supplies shows $1,310 on hand on January 31, 2021 The building has an estimated useful life of 50 years. The equipment has an estimated useful life of years. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest By January 31, 2021. $1,300 of services related to the unearned revenue have been provided. . During the next fiscal year. $4,500 of the mortgage payable is to be paid. Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, s. 125.) Jan. 31