The following transactions were recorded in the accounting records of TJ Ltd. in error. The company's year-end is on December 31. Assume that double entry is in effect and accrual basis of reporting. Independent Errors a. $32,000 of dividends declared was properly recorded in 2020. In 2021, the payment of dividends was debited to salary expense. b. A payment of $6,000 for the first three months rent in 2021 was recorded as rent expense account on Dec 31, 2020. c. No entry was made to accrue half of the $5,400 revenue earned in 2020. The whole amount of revenue was credited on Jan. 5, 2021, when cash was received. Required: Analyze each error and indicate its effect on 2020 and 2021 net earnings, assets, and liabilities if not corrected. Do not assume any other errors. Use these codes to indicate the effect of each dollar amount: O = overstated, U = understated, and N= no effect. (Enter all amounts in positive values. If no effect, please enter "O".) Net Earnings 2020 2021 Assets 2020 2021 Liabilities 2020 2021 Shareholders' Equity 2020 2021 Error (a) (b) (c)