Additional information:1. The insurance policy has a 1-year term beginning April 1,2025. At that time,...

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Additional information:1. The insurance policy has a 1-year term beginning April 1,2025. At that time, a premium of $7,320 was paid.2. The equipment was acquired on December 1,2022. The equipment is depreciated at an annual rate of $25,080.3. A physical count shows $300 of supplies on hand at November 30.4. The note payable has a 7% interest rate. Interest is paid on the first day of each following month and was last paid on November 1.5. Deposits of $1,400 each were received for advance tour reservations from 10 school groups. At November 30, tours have been provided for all of these groups.6. Employees are owed a total of $500 in salaries and wages at November 30.7. A senior citizens' organization that had not made an advance deposit took a river tour for $1,250. This group was nit billed until December for the services performed.8. Additional advertising costs of $260 have been incurred, but the bills have not been received by November 30.9. On November 1, the company paid $2,400 rent in advance for November and December.10. Income taxes payable for the year are estimated to be an additional $300 beyond that recorded to date.Instructions4-57

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