Requ$|$red: Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $ $4,200$; expired Insurance, $ $5,500$ ; depreclation expense on equipment for the perlod, $ $1,600.$ Analyze: How does the Insurance adjustment affect Prepald Insurance? Complete this question by entering your answers in the tabs below.The trial balance of Ortiz Company as of January $31,20\backslash$times $1,$ after the company completed the first month of operations, is shown in the partial worksheet below. Required: Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $ $4,200$; expired insurance, $ $5,500$; depreciation expense on equipment for the period, $ $1,600.$ Analyze: How does the insurance adjustment affect Prepaid Insurance? x Answer is not complete. Complete this question by entering your answers in the tabs below. How does the insurance adjustment affect Prepaid Insurance?