Use the following to answer questions 15-16 On December 1st, the company pays a local radio station $81,000 for 270 radio ads that were to be aired, 90 per month, throughout December through February. Prepaid Advertising was debited on December 1st and no other entries regarding this transaction were made since then. 15. $ After the adjusting entry has been recorded on December 31", determine the amount of advertising expense for the year ended December 31". 16. $ After the adjusting entry has been recorded on December 31, determine the ending balance In the prepaid advertising account that should be recorded on the December 31" Balance Sheet.