The trial balance of Novak Corp. shown below does not balance. Novak Corp. Trial balance May 31, 2020 Debit Credit Cash $5,070 Accounts Receivable $2,740 Prepaid Insurance 820 Equipment 13,220 Accounts Payable 5,720 Unearned Service Revenue 680 Common Stock 12,920 Service Revenue 8,680 Salaries and Wages Expense 4,320 Advertising Expense 980 Utilities Expense 800 $33,590 $22,360 Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. 1. The totals of the debit sides of Prepaid Insurance, Accounts Payable, and Utilities Expense were each understated $100. 2. Transposition errors were made in Accounts Receivable and Service Revenue. Based on postings made, the correct balances were $2.470 and $8,860, respectively, 3. A debit posting to Salaries and Wages Expense of $200 was omitted. 4. A $1,950 cash dividend was debited to Common Stock for $1.950 and credited to Cash for $1,950. 5. A $470 purchase of supplies on account was debited to Equipment for $470 and credited to Cash for $470. 6. A cash payment of $660 for advertising was debited to Advertising Expense for $66 and credited to Cash for $66. 7. A collection from a customer for $400 was debited to Cash for $400 and credited to Accounts Payable for $400. Prepare a correct trial balance. (Hint. It helps to prepare the correct journal entry for the transaction described and compare it to the mistake made.)