2. The following accounts appeared in the trial balance of the Blakes Inc. at the end of the fiscal year on September 30, 2020. Notes Payable $ 30300 Accounts payable $ 25300 Owner's capital 101,700 Accounts receivable 30500 Loss on disposal of 7500 Accumulated 45000 Equipment Depreciation - Equipment Prepaid Insurance 3600 Cash 26000 Property tax Expense 3800 Cost of goods sold 457,000 Property taxes payable 2500 Freight-out 4700 Rent Expense 22000 Equipment 146000 Salaries and wages 135000 Depreciation Expense 13500 expense Sales revenue 850,000 Insurance Expense 850 Sales commissions 17000 Interest Expense 11050 Expense Sales commissions 4500 Interest revenue 4500 payable Sales returns and 10500 Inventory 29000 allowances Utilities Expense 55000 Sales Discounts 5500