The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balances. All of the accounts listed have normal balances.

Cash	$	13,000
Accounts Receivable		2,600
Supplies		2,200
Prepaid Insurance		6,000
Equipment		16,000
Accumulated Depreciation		2,600
Notes Payable (long-term)		26,000
Deferred Revenue		8,000
Service Revenue		36,000
Salaries and Wages Expense		33,000

The following information is also available:

1. A) A count of supplies revealed $1,000 worth on hand at December 31, 2018.
2. B) An insurance policy, purchased on January 1, 2018, covers four years.
3. C) The equipment depreciates at a rate of $1,600 per year; no depreciation has been recorded for 2018.
4. D) One half (or 50%) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018.
5. E) The accrued amount of salaries and wages at December 31, 2018 is $2,600.

Prepare the required adjustments for the company as of December 31, 2018.