The following transactions occurred for the Microchip Company.

On October $1,2024,$ Microchip lent $$90,000$ to another company. A note was signed with principal and $6\%$ interest to be paid on September $30,2025.$

On November $1,2024,$ the company paid its landlord $$9,300$ representing rent for the months of November through January. Prepaid rent was debited at the time of payment.

On August $1,2024,$ collected $$15,300$ in advance rent from another company that is renting a portion of Microchip$$s factory. The $$15,300$ represents one year$$s rent and the entire amount was credited to deferred rent revenue at the time cash was received.

Depreciation on office equipment is $$5,600$ for the year.

Vacation pay for the year that had been earned by employees but not paid to them or recorded is $$9,100.$ The company records vacation pay as salaries expense.

Microchip began the year with $$3,100$ in its asset account, supplies. During the year, $$7,600$ in supplies were purchased and debited to supplies. At year$-$end, supplies costing $$3,800$ remain on hand.