The geological consulting firm of Gilbert, Marsh, & Kester prepares adjusting entries on a monthly basis. Among the items requiring adjustment on December 31, 2013, are the following: 1. The company has outstanding a $59,000, 9 percent, two-year note payable issued on July 1, 2012. Payment of the $59,000 note, plus all accrued interest for the two-year loan period, is due in full on June 30, 2014 2. The firm is providing consulting services to Texas Oil Company at an agreed-upon rate of $840 per day At December 31, 10 days of unbilled consulting services have been provided a. Prepare the two adjusting entries required on December 31 to record the accrued interest expense and the accrued consulting revenue earned. (Do not round intermediate calculations. Round your answers to the nearest whole dollar. Omit the "S" sign in your response.) General Journal Debit Credit Interest expense 443 Interest payable 1 443 2 8400 Accounts receivable Consulting fees earned 8400 b. Assume that the $59,000 note payable plus all accrued interest are paid in full on June 30, 2014 What portion of the total interest expense associated with this note will be reported in the firm's 2014 income statement? (Omit the "S" sign in your response.) Total interest 2655 c. Assume that on January 30, 2014, Gilbert, Marsh & Kester receive $25.000 from Texas Oil Company in full payment of the consulting services provided in December and January. What portion of this amount constitutes revenue earned in January (Omit the "S" sign in your response.) January revenue References