=+On March 31, 2010, the balances of the accounts appearing in the ledger of El Dorado Furnishings Company, a furniture wholesaler, are as follows:

Administrative Expenses $ 250,000 Building 1,025,000 Cash 97,000 Cost of Merchandise Sold 1,400,000 Interest Expense 15,000 Merchandise Inventory 260,000 Notes Payable 59,000 Office Supplies 21,200