Items: (continued) 3) Depreciation is calculated using the straight-line method, with a sixteen-year life and $3,000 salvage value. 4) A physical inventory of supplies indicated $360 of supplies currently in stock. 5) Provisions of a rental contract specify payments must be made one month in advance, with monthly payments at $900 per month. This provision has been complied with (satisfied) as of December 31, 2026. o WhatsApp Spinbot.com - Art... The unadjusted rial Balance for Jackson Corporation is provided below. Jackson Corporation Unadjusted Trial Balance December 31, 2026 $6,400 6,150 32,200 5375 16,800 1,040 49,000 Cash Marketable Securities Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Equipment Accumulated Depreciation-Equip. Accounts Payable Notes Payable Common Stock Retained Earnings Sales Cost of Goods Sold Office Salaries Expense Rent Expense Miscellaneous Expense Totals 9.500 4.400 4.250 41.000 27,440 322 300 238,520 20.800 7.200 31.155 $409,265 $409.265 Required:_ROUND ALL CURRENCY (when needed) to 2 DECIMAL PLACES Prepare adjusting entries at December 31, 2026, based on the items presented below. Items: 1) After an aging of Accounts Receivable, it was determined that 2% of the Accounts Rec. balance will become uncollectible. 2) Salespeople are paid commissions of 9.5% of sales. As of December 31, commissions on sales have not been paid