The Sheridan Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SHERIDAN HOTEL Trial Balance May 31, 2022 Debit Credit Cash $2,333 Supplies 2,600 Prepaid Insurance 1,800 Land 14,833 Buildings 71,200 Equipment 16,800 Accounts Payable Unearned Rent Revenue Mortgage Payable $4,533 3,300 37,200 Common Stock 59,833 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $113,866 $113,866 Other data: 1. Insurance expires at the rate of $360 per month. 2. A count of supplies shows $1,160 of unused supplies on May 31. 3. (a) Annual depreciation is $3,360 on the building. (b) Annual depreciation is $2,760 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,530 has been earned. 6. Salaries of $830 are accrued and unpaid at May 31.