3. (Financial Statements, Adjusting and Closing Entries) The trial balance of Orange Center contained the following accounts at June 30, the end of the company's fiscal year: ORANGE CENTER TRIAL BALANCE JUNE 30, 2020 Debit Credit Cash Accounts Receivable Inventory Supplies Equipment $ 6,800 49,800 56,950 5,600 62,000 Accumulated Depreciation-Equipment $ 20,000 41,000 32,500 Notes Payable Accounts Payable Common Stock 1,000 Retained Earnings 61,700 Sales Revenue 506,800 Sales Returns and Allowances 13,000 Cost of Goods Sold 246,900 Salaries and Wages Expense 125,650 Advertising Expense 36,000 Utilities Expenses 6,890 Maintenance and Repairs Expense 9,810 Freight-out 16,800 Rent Expense 26,800 $663,000 $663,000