1.00 2.00 3.00 4.00 5.00 6.00 7.00 Snow Lake Resort presents its un-adjusted trial balance below. Snow Lake Resort Trial Balance 31-Dec-16 Debit Credit Cash $ 21,000.00 Accounts Receivable $ 16,000.00 Allowance for Doubtful Accounts $ 3,000.00 Inventory $ 23,000.00 Prepaid Insurance $ 8,000.00 Equipment $ 23,000.00 Accumulated Depreciation - Equipment $ 11,000.00 Cars $ 45,000.00 Accumulated Depreciation - Cars $ 24,000.00 Building $ 225,000.00 Accumulated Depreciation - Building $ 175,000.00 Accounts Payable $ 9,000.00 Notes Payable $ 5,000.00 Common Stock $ 60,000.00 Retained Earnings $ 38,850.00 Service Revenue $ 95,000.00 Salaries Expense $ 31,000.00 Utility Expense $ 2,100.00 Ofce Expense $ 3,000.00 Rent Expense $ 22,500.00 Advertising Expense $ 1,250.00 Total $ 420,850.00 $ 420,850.00 The following information is also provided by Snow Lake Resort. Payments received in advance from clients $12,000 recorded as Service Revel Services performed for clients that have not been recorded by December 31, Bad debt expense for the year is $6,000. Insurance expired during the year is $2,500. A\" long-term assets are depreciated using straight-line depreciation method. Equipment is depreciated for 20 years. Salvage value is $3,000. Cars are depreciated for 5 year. Salvage value is $15,000