Record the following transactions for Tri-State Corporation on the dates indicated.
1. On March 31 2017 Tri-State Corporation discovered that Depreciation Expense on equipment for the year ended December 31 2016 had been recorded twice for a total amount of $84000 instead of the correct amount of $42000.
2. On June 30 2017 the company's internal auditors discovered that the April 2017 telephone bill for $3700 had erroneously been charged to the Interest Expense account.
3. On August 14 2017 cash dividends on preferred stock of $150000 declared on July 1 2017 were paid.
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