Why isn't the answer 90?

1. Fees received in advance from clients $5,000. 2. Services performed for clients that were not recorded by December 31,$4,900. 3. Equipment is being depreciated at 8% per year. 4. Bad debt expense for the year is $1,430. 5. Insurance expired during the year $480. 6. Harms gave the bank a 90 -day, 5% note for $7,200 on December 1,2022. 7. Rent of the building is $750 per month. The rent for all of 2022 , and for January of 2023 has been paid. 8. Office salaries and wages earned but unpaid December 31,2022,$1,510. 2. Services performed for clients that were not recorded by December 31,$4,900. 3. Equipment is being depreciated at 8% per year. 4. Bad debt expense for the year is $1,430. 5. Insurance expired during the year $480. 6. Harms gave the bank a 90-day, 5\% note for \$7,200 on December 1, 2022. 7. Rent of the building is $750 per month. The rent for all of 2022 , and for January of 20 8. Office salaries and wages earned but unpaid Decembe 31,2022,$1,510. Harms withdrew $12,000 cash for personal use during the year. (a) Service Revenue Depreciation Expense 2160 Accumulated Depreciation-Equipment 2160 Bad Debt Expense 1430 Allowance for Doubtful Accounts Insurance Expense Prepaid Insurance Interest Expense Interest Payable Prepaid Rent 90 Rent Expense You are viewing Attempt 1 / Continue Work The following are the trial balance and the other information related to Bruce Harms, who operates a construction hauling business