Exercise 3-13 Preparing adjusting entries P1 P2 P3 P4 For each of the following separate cases, prepare the required December 31 year-end adjusting entries. a. Depreciation on the company's wind turbine equipment for the year is $5.000, b. The Prepaid Insurance account for the solar panels had a $2,000 debit balance at December 31 before adjusting for the costs of any expired coverage. Analysis of prepaid insurance shows that $600 of unexpired insurance coverage remains at year-end. c. The company received $3,000 cash in advance for sustainability consulting work. As of December 31, one-third of the sustainability consulting work had been performed. d. As of December 31, $1,200 in wages expense for the organic produce workers has been incurred but not yet paid. e. As of December 31, the company has earned, but not yet recorded, $400 of interest revenue from invest- ments in socially responsible bonds. The interest revenue is expected to be received on January 12. For each of the separate cases in Exercise 3-13, determine the financial statement impact of each re- quired year-end adjusting entry, Fill in the table below by indicating the amount and direction (+ or --> of the effect. Net Income Total Assets Total Liabilities Total Equity Adjusting Entry a. b. c. d. e