3 Prepare a dlassified balance sheet for Kyle Industries as of December 31, 2017 Presented here is a single-column adjusted trial balance (that is, debit balances are positive and credit balances are negative) for Kyle Industries as of December 31, 2017. Regarding the notes payable, a payment of $100,000 is due December 10, 2018; $60,000 of this payment will be interest and the remainder a reduction of principal. (type your work) 6 Accounts Payable 8 Accounts Receivable 9 Accumulated Depreciation (63,000.00) 233,753.00 7,840.00) 10 Allowance for Bad Debt (14,170.48) 13,365.48 540,000.00) 355,990.16 11 Bad Debt Expense 12 Common Stock 13 Cash 14 Cost of Goods Sold 15 Depreciation 16 Fixed Assets 17 Income Tax Payable 18 Interest Expense 19 Interest Payable 20 Inventory 21 | Notes Payable (15% rate) 22 Office Supplies Expense $ 1,008,362.66 2,350.00 523,500.00 (37,404.22) 3,333.33 (3,333.33) 168,000.00 (400,000.00) 7,160.00 31,364.00 5,565.77 (2,387.57) 37,404.22 24,530.00 (63,490.70) 23 Operating Expense 24 Payroll Tax Expense 25 Payroll Withholding and Taxes Payable 26 Provision for Income Tax 27 Rent Expense 28 Retained Earnings (1/1/16) 29 Sales 30 Sales Discounts 31 Sales Returns 32 Wages & Salary Expense (1,410,504.00 11,900.00 62,056.00 53,495.68 35 Sheet1+ Enter