Can someone help me to fix the wrong part? ( Thank you so so so so so so much!!!)

The following transactions occurred during December 31, 2016, for the Falwell Company.

1.	A three-year fire insurance policy was purchased on July 1, 2016, for $11,520. The company debited insurance expense for the entire amount.
2.	Depreciation on equipment totaled $11,750 for the year.
3.	Employee salaries of $15,500 for the month of December will be paid in early January 2017.
4.	On November 1, 2016, the company borrowed $170,000 from a bank. The note requires principal and interest at 12% to be paid on April 30, 2017.
5.	On December 1, 2016, the company received $3,800 in cash from another company that is renting office space in Falwell