The Schauer Company had the following adjustments at December 31, 2020. Prepare the journal entries needed. Explanations are not required; clearly label your answers (10-a, 10-b, etc.) and show all your calculations. (18 points) a) The Schauer Company uses straight-line depreciation for its equipment. The cost of the equipment is $105,000 and the useful life is 5 years. The equipment was purchased on January 1, 2018 and has no residual value. b) Interest earned of $10,000 on a note receivable will be received in January, 2021. c) On November 1, 2020, the Schauer Company paid $3,000 for six months of rent in advance. The rental period is November 1, 2020 through April 30, 2021. No adjusting entry has been made since the payment in November. d) On August 1, 2020, the company collected $24,000 in advance for a consulting contract, which is to be earned evenly over the next 24 months. e) Employees are owed salaries for 3 days of a 5-day workweek; weekly payroll is $30,000. ) The unadjusted balance of the supplies account is $2,750. Based on a physical count of the supplies in the supply closet, the cost of supplies on hand is $1,000. g) The company has incurred interest expense of $1,000 that will be paid in January, 2021