The Ivanhoe Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,080 of unused supplies on May 31 . 3. (a) Annual depreciation is $3,960 on the building. (b) Annual depreciation is $3,360 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,570 has been earned. 6. Salaries of $790 are accrued and unpaid at May 31 . The Ivanhoe Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. Other data: 1. Insurance expires at the rate of $450 per month. 2. A count of supplies shows $1,080 of unused supplies on May 31 . 3. (a) Annual depreciation is $3,960 on the building. (b) Annual depreciation is $3,360 on equipment. 4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,570 has been earned. 6. Salaries of $790 are accrued and unpaid at May 31