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he December 31 inventory count of computer supplies shows $660 still available. Three months have expired since the 12-month insurance premium was…

he December 31 inventory count of computer supplies shows $660 still available.b.Three months have expired since the 12-month insurance premium was paid in advance.c.As of December 31, Lyn Addie has not been paid for four days of work at $105 per day.d.The company’s computer is expected to have a four-year life with no salvage value.e.The office equipment is expected to have a five-year life with no salvage value.f.Three of the four months’ prepaid rent has expired.

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