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Your answer is partially correct. On December 31, 2022, Sunland Company prepared an income statement and balance sheet, but failed to take into account three

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Your answer is partially correct. On December 31, 2022, Sunland Company prepared an income statement and balance sheet, but failed to take into account three adjusting entries. The balance sheet showed total assets $117,000, total liabilities $54,600, and stockholders' equity $62,400. The incorrect income statement showed net income of $54,600. The data for the three adjusting entries were: 1. Salaries and wages amounting to $7,800 for the last 2 days in December were not paid and not recorded. The next payroll will be in January. 2. Rent payments of $6,240 was recelved for 2 months in advance on December 1 . The entire amount was credited to Unearned Rent Revenue when paid. 3. Depreciation expense for 2022 is $7,020. Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). Complete the following table to correct the financial statement amounts shown (indicate deductions with parentheses). On December 31, 2022, Sunland Company prepared an income statement and balance sheet, but falled to take into account three adjusting entries. The balance sheet showed total assets $117,000, total liabilities $54,600, and stockholders' equity $62,400. The incorrect income statement showed net income of $54,600. The data for the three adjusting entries were: 1. Salaries and wages amounting to 57,800 for the last 2 days in December were not paid and not recorded. The next payroll will bein January. 2. Rent payments of $6,240 was received for 2 months in advance on December 1 . The entire amount was credited to Unearned Rent Revenue when paid. 3. Depreciation expense for 2022 is $7.020. 1. Dereciakion expense for 2027 is 570%0 amounts shown (indicate deductions with parentheses). Attempts: 1 of 3 used

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