****THE LAS SCREEN SHOT IS AN ANSWER THAT WAS GIVEN BY CHEGG AND THIS IS NOT CORRECT. IS THERE SOMETHING I AM MISSING???

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Crane's Hotel opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. CRANE'S HOTEL Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash $3,600 126 Supplies 2.100 130 Prepaid Insurance 3,000 140 Land 15,000 141 Buildings 61,200 149 Equipment 14,400 200 Notes Payable $ 40,000 201 Accounts Payable 4.800 208 Unearned Rent Revenue 3.000 301 Owner's Capital 41,400 429 Rent Revenue 14,950 610 Advertising Expense 600 726 Salaries and Wages Expense 3,300 732 Utilities Expense 950 $104,150 $104,150 In addition to those accounts listed on the trial balance, the chart of accounts for Crane's Hotel also contains the following accounts and account numbers: No. 142 Accumulated Depreciation-Buildings, No. 150 Accumulated Depreciation-Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No.722 Insurance Expense. Other data: 1. Prepaid insurance is a 1-year policy starting May 1, 2022. 2. A count of supplies shows $700 of unused supplies on May 31. 3. Annual depreciation is $3,672 on the buildings and $1,440 on equipment. 4. The note payable interest rate is 6%. (The note was taken out on May 1 and will be repaid along with interest in 1 year.) 5. Two-thirds of the unearned rent revenue has been earned. 6. Salaries and wages of $700 are unpaid and unrecorded at May 31. 41,400 CRANE'S HOTEL Owner's Equity Statement For the Month Ended May.31,2022 Owner's Capital, May 1 $ Add: Net Incomel (loss) $ Owner's Drawings $ Owner's Capital, May 31 $ 9,124 50,524