Natalie puts together the following additional information. 1. A count reveals that $30 of baking supplies were used during November. 2 Natalie estimates that all of her baking equipment will have a useful life of 5 years or 60 months. (Assume Natalie decides record a full month's worth of depreciation, regardless of when the equipment was obtained by the business.) 3. Natalie's grandmother has decided to charge interest of 7% on the note payable extended on November 16. The loan plus interest is to be repaid in 24 months. (Assume that half a month of interest accrued during November.) 4. On November 30, a friend of Natalie's asks her to teach a class at the neighborhood school. Natalie agrees and teaches a group of 35 first-grade students how to make gingerbread cookies. The next day, Natalie prepares an invoice for $260 and leaves it with the school principal. The principal says that he will pass the invoice along to the head office, and it will be paid sometime in December. 5 Natalie receives a utilities bill for $40. The bill is for utilities consumed by Natalie's business during November and is due December 15