VOL Corp. manufactures parts for DVD players. The Trial Balance section of its worksheet and other year-end data follow.

VOL CORP. Trial Balance December 31, 2016
ACCOUNT NAME	DEBIT		CREDIT
Cash	46,000
Accounts Receivable	74,600
Allowance for Doubtful Accounts			1,600
Raw Materials Inventory	21,000
Work in Process Inventory	36,000
Finished Goods Inventory	38,000
Prepaid Insurance	5,600
Factory Supplies	3,600
Land	46,000
Factory Building	160,000
Accumulated DepreciationFactory Building			16,400
Factory Machines	170,000
Accumulated DepreciationFactory Machines			16,400
Office Furniture and Equipment	16,000
Accumulated DepreciationOffice Furniture and Equipment			3,200
Accounts Payable			72,000
Salaries and Wages Payable
Income Tax Payable
Social Security Tax Payable
Medicare Tax Payable
Employee Income Tax Payable
Common Stock			114,000
Retained Earnings			230,300
Sales			991,500
Sales Returns and Allowances	5,100
Materials Purchases	248,000
Purchases Returns and Allowances			1,600
Freight In	9,600
Direct Labor	177,000
Indirect Labor	16,000
Payroll Taxes ExpensesFactory	16,600
UtilitiesFactory	7,600
Repairs and MaintenanceFactory	2,000
Indirect Materials and Supplies	1,600
DepreciationFactory Building
DepreciationFactory Machines
InsuranceFactory
Property TaxesFactory	5,600
Sales Salaries Expense	81,000
Payroll Taxes ExpenseSales	8,100
Delivery Expense	4,600
Advertising Expense	4,600
Uncollectible Accounts Expense
Miscellaneous Selling Expense	6,100
Officers Salaries Expense	141,000
Office Salaries Expense	36,000
Payroll Taxes ExpenseAdministrative	18,100
Depreciation ExpenseOffice Furniture and Equipment
Other Administrative Expenses	4,600
Income Tax Expense	37,000
Totals	1,447,000		1,447,000

YEAR-END DATA
a.	Physical inventories taken on December 31, 2016, show $17,000 of raw materials on hand and $31,000 of finished goods on hand. The work in process inventory is estimated to be $34,000 on the same date.
b.	It is estimated that 3 percent of the outstanding accounts receivable might not be collectible.
c.	Of the prepaid insurance, $4,100 covering the factory building and equipment has expired.
d.	A physical inventory discloses $3,140 of factory supplies on hand at the end of the period.
e.	Depreciation expense for the year is as follows: $8,200 on the factory building, $8,200 on the factory machines, and $1,600 on the office furniture. (Make a compound entry.)
f.	Payroll accruals at the end of the period include $1,700 of direct labor and $300 of indirect labor.
g.	Payroll taxes on accrued wages are social security, 6.2 percent, and Medicare tax, 1.45 percent.
h.	The income tax rate is 25 percent. (Round to nearest dollar).
	Include adjustments in the order given on the trial balance.

1.	Using the data given, enter the adjustments. Then complete the worksheet.