-76 View Policies Current Attempt in Progress On December 31, 2022, Sunland Company prepared an income statement and balance sheet, but failed to take into account three adjustments. The balance sheet showed total assets $126,000, total liabilities $58,800, and stockholders equity $67,200. The incorrect income statement showed net income of $58,800, The data for the three adjustments were: 1. 2. Salaries and wages amounting to $8.400 for the last 2 days in December were not paid and not recorded. The next payroll will be in January Rent payments of $6.720 were received for two months in advance on December 1. The entire amount was recorded as Unearned Rent Revenue when received Depreciation expense for 2 2022 is $7,560 3. Complete the following table to correct the financial statement amounts shown. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses es (45)) Net Income Total Assets Total Liabilities Incorrect balances $58.800 $126,000 $58.800 Effects of Item Sto: ype here to search e