Whispering Winds Corp. has the following information available for accruals for the year ended December 31, 2022. The company adjusts its accounts annually. 1 The December utility bill for $390 was unrecorded on December 31. Whispering Winds paid the bill on January 11. 2. 3. 4. 5. Whispering Winds is open 7 days a week and employees are paid a total of $3,220 every Monday for a 7-day (Monday- Sunday) workweek. December 31 is a Thursday, so employees will have worked 4 days (Monday, December 28-Thursday. December 31) that they have not been paid for by year-end. Employees will be paid next on January 4. Whispering Winds signed a $41,400, 5% bank loan on November 1, 2021, due in 2 years. Interest is payable on the first day of each following month. Whispering Winds receives a fee from Pizza Shop next door for all pizzas sold to customers using Whispering Winds's facility. The amount owed for December is $280, which Pizza Shop will pay on January 4. (Hint: Use the Service Revenue account.) Whispering Winds rented some of its unused warehouse space to a client for $5,520 a month, payable the first day of the following month. It received the rent for the month of December on January 2.