Alternative performance measurement methods The year-end trial balance of the Plannif Company is presented below. The company operates on the calendar year.

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PLANNIF COMPANY Trial Balance December 31, 1992 Cash Accounts Receivable Inventory. Debit $ 7,000 Credit 12,000 21,000 Building Accumulated Depreciation, Building Accounts Payable... Mortgage Payable 60,000 $ 20,000 5,000 15,000 Capital Stock ... 12,000 Retained Earnings 38,000 Sales....... 75,000 Cost of Goods Sold 31,000 Advertising ..... 4,000 Sales Salaries and Commissions 10,000 Administrative Salaries 15,000 Office Operation Expense. 4,000 Miscellaneous Expense 1,000 $165,000 $165,000