The ledger of Sandhill Rental Agency on March $31$ of the current year includes the following selected accounts before adjusting entries have been prepared.

$\backslash$table$[[,$Debit,Credit$],[$Prepaid Insurance,$$6,480,],[\backslash$table$[[$Supplies$]],5,400,],[\backslash$table$[[$Equipment$]],48,000,],[$Accumulated Depreciation$-$Equipment,,$\backslash$table$[[$$$15,120$