value: 1111 points The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2015, unadjusted trial balance of Emiko Co., a business owned by Kumi Emiko. Emiko Co uses a perpetual inventory system. Merchandise inventory 30,000 Prepaid selling expenses 5,600 K. Emiko, Withdrawals 33,000 Sales $529,000 17,500 Sales returns and allowances Sales discounts 5,000 Cost of goods sold 212,000 48,000 Sales salaries expense 15,000 Utilities expense Selling expenses 36,000 105,000 Administrative expenses Additional Information Accrued sales salaries amount to $1.700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandise inventory shows $28,450 of goods still available. (a) Use the above account balances along with the additional information, prepare the adjusting entries