Question: Adjustment data: $1)$ recorded the insurance expired from item $7.2)$ the equipment was acquired on December $31,2021,$ and will be depreciated on a straight line$-$ basis over $5$ years with a $9420$ salvage value $3)$ the income tax rate is $30\%($Hint prepare the income statement up to income before taxes and multiply by $30\%$ to compute the amount$)$ A$.$ prepare journal enteries for the transactions listed above adjusting entries $($credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to $0$ decimals places$)$