Question 2: (20 points) Prepare the required end-of-period adjusting entries for each independent case listed below. Sleater-Kinney Company began the year with a $3,000 balance in the Supplies account. During the year, $8,500 worth of additional supplies were purchased. A hand at the end of the year revealed that $7,400 worth of supplies had been used during the year. No adjusting entry has been made until year end. count of supplies on Case 2 Western Company has a calendar year-end accounting period. On July 1, the company purchased equipment for $30,000. It is estimated that the equipment will depreciate $250 each month. No adjusting entry has been made until year end. Ranch Realty is in the business of renting several apartment buildings and prepares monthly financial statements. It has been determined that 3 tenants in $700 per month apartments and one tenant in the $1,200 per month apartment had not paid their August rent as of August 31st. Case 4 On Friday of each week, Spoon Company pays its factory personnel weekly wages amounting to $50,000 for a five-day work week. Case L, s-pres 300O g S oo Phe mao hine haa n euimate a itia o yonw o 10o uni of Assume actual activity in terms of units of output was: 2017-80,000 units and 2018 220,00o0 Instructions: Calculate the annual depreciation expense for the years 2917 and 2018, under output and a salvage the units of activities method (use units of output of depreciation