Can you please help me on this one

Exercise 3-9A Calculate the effects on net income of not recording adjusting entries (LO3-3) Consider the following transactions for Huskies Insurance Company: 1. Equipment costing $37,800 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,300 per year. 2. On June 30, the company lends its chief financial officer $43,000; principal and interest at 6% are due in one year. 3. On October 1, the company receives $13,200 from a customer for a oneyear property insurance policy. Deferred Revenue is credited. Required: Indicate by how much net income in the income statement is higher or lower if the adjustment is not recorded. (Do not round intermediate calculations.) 0W8 r OWE r igher