2 Account Title Cash Short-term investments Accounts receivable Debits 75,000 190,000 Credits 131,000 Long-term investments 39,000 Inventory 219,000 ints Receivables from employees 44,000 Prepaid expenses (for 2022) 20,000 Land 284,000 Building 1,590,000 Equipment 641,000 Patent (net) eBook Franchise (net) Print Notes receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/2022) Interest payable References Income Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals 156,000 44,000 270,000 16,000 624,000 214,000 193,000 14,000 20,000 44,000 64,000 308,000 12,000 2,016,000 210,000 3,719,000 3,719,000 Additional information: 1. The common stock represents 1.4 million shares of no par stock authorized, 540,000 shares issued and outstanding. 2. The receivables from employees are due on June 30, 2022 3. The notes receivable are due in installments of $54,000, payable on each September 30. Interest is payable annually. 4. Short-term investments consist of securities that the company plans to sell in 2022 and $54,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the company does not plan to sell in the next year. 5. Deferred revenue represents payments from customer for extended service contracts. Seventy five percent of these contracts expire in 2022, the remainder in 2023. 6. Notes payable consists of two notes, one for $104,000 due on January 15, 2023, and another for $204,000 due on June 30, 2024. C