You receive the following trial balance and additional information:

12/31/21
	Unadjusted trial balance
Account Title	Debits	Credits
Cash	35,000
Accounts receivable	44,000
Supplies	800
Inventory	28,000
Notes receivable	50,000
Interest receivable	1,333
Prepaid insurance	3,750
Investment	80,000
Office equipment	125,000
Accumulated depreciation		40,000
Accounts payable		43,000
Salaries payable		1,500
Notes payable		50,000
Interest payable		1,500
Deferred sales revenue		2,000
Common stock		60,000
Retained earnings 1/1/21		126,500
Dividends	4,000
Sales revenue		242,000
Investment revenue		4,333
Municipal bond interest revenue		2,000
Cost of goods sold	150,000
Salaries expense	20,400
Rent expense	12,000
Depreciation expense	10,000
Interest expense	1,500
Supplies expense	1,800
Insurance expense	2,250
Advertising expense	3,000
Income tax	-
Totals	572,833	572,833

1. The controller mistakenly recorded the payment of a $60,000 leasehold improvement as rent expense on 7/1/2020. The lease is for 15 years.
2. You discover that the company entered into a cryptocurrency transaction. The company made a sale transacted in bitcoin worth $12,000 for product costing $10,000 in November 2021. No transaction was recorded yet because the controller is unsure how to record the transaction and is waiting for your recommendation.
3. A one-year business interruption insurance policy was purchased on September 1, 2020 for $3,750. The full amount was debited to unexpired insurance at the time.
4. You determine that the company should accrue a bad debt reserve for 2021 equal to 1% of sales.
5. The income tax rate is 21% for all years. Assume the book/tax differences are municipal bond interest, bad debts, and cryptocurrency to be determined based on #2 above. Assume book = tax depreciation.

Please show adjusting entries, I need to know how to do #5 the most.