The ledger of Martinez Corp. on March 31 of the current year includes the following selected...

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The ledger of Martinez Corp. on March 31 of the current year includes the following selected accounts before quarterly adjusting entries have been prepared: Prepaid Insurance Supplies Equipment FV-OCI Investments Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense Debit Credit $3,660 2,500 25,600 172,000 $8,520 25,400 9,000 58,200 -0- 14,500 An analysis of the accounts shows the following: 1. The equipment depreciation is $355 per month. 2. One half of the unearned rent was earned during the quarter. 3. Interest of $381 has accrued on the notes payable. 4. Supplies on hand total $940. 5. Insurance expires at the rate of $305 per month. 6. The FV-OCI Investments were purchased for $172,000 on March 1. No investments were purchased or sold after that date. The fair value on March 31 was $192,000. The ledger of Martinez Corp. on March 31 of the current year includes the following selected accounts before quarterly adjusting entries have been prepared: Prepaid Insurance Supplies Equipment FV-OCI Investments Accumulated Depreciation-Equipment Notes Payable Unearned Rent Revenue Rent Revenue Interest Expense Salaries and Wages Expense Debit Credit $3,660 2,500 25,600 172,000 $8,520 25,400 9,000 58,200 -0- 14,500 An analysis of the accounts shows the following: 1. The equipment depreciation is $355 per month. 2. One half of the unearned rent was earned during the quarter. 3. Interest of $381 has accrued on the notes payable. 4. Supplies on hand total $940. 5. Insurance expires at the rate of $305 per month. 6. The FV-OCI Investments were purchased for $172,000 on March 1. No investments were purchased or sold after that date. The fair value on March 31 was $192,000.