1. (12 pts) The following data were taken from the adjusted trial balance of Star Search Video Company. Star Search Video Company Adjusted Trial Balance Data December 31, 20D Accounts Payable Accounts Receivable Accumulated Depreciation-Building Accumulated Depreciation-Furniture & Fixtures Building Capital Stock Cash Copyrights Dividends Declared Furniture & Fixtures Land Note Payable (10%, duc in 5 years) Office Supplies Prepaid Insurance Retained Earnings (January 1, 20D) Salaries Payable Service Revenue Salaries Expense Utilities Expense Depreciation Expense Insurance Expense Office Supplies Expense Interest Expense $12,000 13,000 6,000 9,000 60,000 40,000 24,000 22.000 12,000 15,000 25,000 40,000 1,000 3,000 23,000 2,000 85,000 28,000 2,000 5,000 2,000 1,000 4,000 Compute the following for the year ended December 31, 20D. Ignore income taxes. A) Net Income is $ B) Current Assets is: $_ C) Current Liabilities is $ D) Retained Earnings is: $_ E) Total Assets is: $ F) Total Liabilities is: $