XYZ Corp began operations on January 1, 2019 and its annual accounting period ends on December 31. Record each of the following transactions and any related adjusting entries (if necessary) on December 31, 2019 (XYZ Corp makes adjusting entries once a year on December 31st). a) On February 1, 2019, Cord prepaid its three-year insurance premium of $3,600. b) On April 1, 2019, Cord received $4,000 from customers for 12-month subscriptions to one of its magazines. c) As of Monday, December 31, 2019, employees had earned $10,000 of wages that will not be paid until Friday, January 4, 2020. d) Related to part c), prepare the journal entry to record the payment of the $50,000 weekly payroll on Friday, January 4, 2020