Udle of retained earnings? 2 points) 22. The information presented below is for Sponge Bob, Inc Prepare the adjusting entries that should be made on December 31, 2017 8 9 A Salaries for the period December 26, 2017 through December 31, 2017, amounted to 517,840 and have not been recorded or paid. (ignore payroll taxes, 2 points) B. Interest of $5,225 is payable for three months on an 11%, $190,000 loan and has not been recorded: (2 points) Rent of $36,000 was paid for six months in advance on December 1 and debited to Prepaid Rent D (2 points) Rent of $76,000 was credited to an uneared revenue account when received of this amount $42,100 is still unearned at year-end. (2 points) E The expired portion of an insurance policy is $2,400. Prepaid Insurance was originally debited. (1 points) E Salaries for the period December 26, 2017, to December 31, 2017, amounted to $15,300 and have not been recorded or paid, (gnore payroll taxes. 1 points)