3. (15 points) Prepare appropriate adjusting entries in good form for each of the following adjustments on December 31, 2021. Assume that this is the last month of operations for the fiscal year. a) Record the adjusting entry needed to adjust prepaid insurance as of December 31, 2021. Assume that a one-year policy was purchased on May 1, 2021, for $24,000 and was recorded as an insurance expense. There is no balance in the prepaid insurance currently. b) There were unpaid salaries of $14,000 as of December 31, 2021. They will be paid on January 15, 2022. c) Record December 31, 2021, adjusting entry to record the interest due on the note payable. Assume that the signed note was dated May 1, 2021, for $80,000 with a 9 percent interest rate on it. d) Record the adjusting entry for the 2021 depreciation for $18,000 on December 31, 2021. e) As of December 31, 2021, there were $2,300 of unused supplies. Assume that $5,000 of supplies were purchased on May 1, 2021, and recorded as supplies expense. There is no balance in the supplies inventory account currently