! 2 1.33 points Skipped eBook References Required Information Exercise 7-22 (Algo) Transaction analysis-various accounts LO 4, 5, 8 [The following Information applies to the questions displayed below.] A company Incurred the following transactions: a. Wages of $1,800 accrued at the end of the prior fiscal period were paid this fiscal period. b. Real estate taxes of $4,800 applicable to the current period have not been accrued. c. Interest on bonds payable has not been accrued for the current month. The company has outstanding $570,000 of 7.5% bonds. d. The premium related to the bonds in part c has not been amortized for the current month. The current-month amortization is $95. e. Based on past experience with its warranty program, the estimated warranty expense for the current period should be 0.2% of sales of $826,500. f. Analysis of the company's income taxes indicates that taxes currently payable are $125,400 and that the deferred tax liability should be increased by $46,170. Exercise 7-22 (Algo) Part 1 Required: a-1. Show the effect, if any, of each of the transactions/adjustments on the appropriate balance sheet category or on the income statement by selecting the amount and indicating whether it is an addition (+) or a subtraction (-). Transaction/ Adjustment Current Assets Current Liabilities Long-Term Debt Net Income a. b. C. d. e. f.