10 of 10 Blossom Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $65,000 Interest Expense $5,000 Prepaid Insurance $9,000 Land $20,000 Short-term investments $12,000 Office salaries $65,000 Common Shares $10,000 Sales Salaries $95,000 Cash $16,000 Supplies expense $15,000 Advertising $45,000 Insurance expense $5,000 Accounts Receivable $10,000 Depreciation expense $15,000 Sales revenue $595,000 Income tax expense $5,000 Accounts Payable $7,000 Dividend Payments $5,000 Buildings (Net) $95,000 Interest Income $10,000 Cost of Goods Sold $295,000 Inventory $15,000 Note Payable (due in 9 months) $5,000 -/1 iii