what is the impact of the adjusting entries on the balance sheet? Show the calculation for total assets, total liabilites, and owners equity without the adjustments: show the calculation for total assets, total liabilites and owners equity with the adjustments.

Porter Business institute Unadjusted Trial Balance December 31 4 (in millions) Cash $58,000 Accounts receivable 59,000 Prepaid insurance 12,000 Equipment 8,000 Accumulated depreciationequipment $2,000 Buildings 57,500 Accumulated depreciationbuildings 17,500 Land 55,000 Unearned rent 16,000 Long-term notes payable 50,000 Porter, Capital 115,600 Tuition fees earned 74,000 Training fees earned 23,400 Wages expense 32,000 Utilities expense 8,000 Property taxes expense 5,000 Interest expense 4,000 ________ Totals $298,500 $298,500 Additional information items: a. The Prepaid Insurance account consists of a payment for a 1 year policy. An analysis of the insurance invoice indicates that one half of the policy has expired by the end of the December 31 year-end. b. A cash payment for space sublet for 8 months was received on July 1 and was credited to Unearned Rent. c. Accrued interest expense on the note payable of $1,000 has