The Sandhill Hotel opened for business on May 1,2022. The May transactions resulted in a tabular summary, with May 31 unadjusted balances shown below in the first row. The $26.100 in the reverue column resulted from Rent Revenue. The $12,470 in the expense column includes Salaries and Wages $8,700, Utilities $2,320, and Advertisine $1,450 (a) Record adjustments on May 31 that reflect the following data. Include explanations for each adjustment to revenue or expense. (if a transoction results in a decrease in Assets, tiabilities ar Stockholders' Equity, place a newothe sign ior parentheses) in front of the amount entered for the porticilar Asst, Labiity or Eauity itern that was reduced) 1. Insurance expires at the rate of $1.305 per month. 2. Acount of supplies shows $3.045 of unused supplies on May 31. 3. (a) Annual depreciation is $10,440 on the bulding. (b) Annual depreciation is $1.700 on equipment. 4. The mortgage interest rate is 6%. The mortgage was taken out on May 1 ) 5. Rental services related to unearned rent of $7,250 have been previded. 6. Salaries of $2,610 are accrued and ungaid at May 31. 5. Rental services related to uncarned rent of $7.250 have been provided. 6. Salaries of $2,610 are acerued and unpaid at May 31. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Rental services related to unearned rent of $7,250 have been provided. 6. Salaries of $2,610 are accrued and unpaid at May 31 . 4. The mortgage interest rate is 6%. The mortgage was taken out on May 1.) 5. Rental services related to unearned rent of $7.250 have been provided. 6. Salaries of $2,610 are accrued and unpaid at May 31. (b) Annual depreciation is $8,700 on equipment. 4. The mortgage interest rate is 6%. The mortgage was taken out on May 1.) 5. Rental services related to unearned rent of $7,250 have been provided. 6. Salaries of $2,610 are accrued and unpaid at May 31 . (b) Annual depreciation is $8,700 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Rental services related to unearned rent of $7,250 have been provided. 6. Salaries of $2,610 are accrued and unpaid at May 31