A blank company started its business operations on January 1 1999 with three partners. On January 1 the each the partners contributed the following to get the business started Partner 1 contributed $250000 in cash on tax basis with a future market value of $250000 Partner 2 contributed $250000 in cash on tax basis with a future market value of $250000 Partner 3 contributed $300000 in cash on tax basis with a future market value of $600000 . . . On June 1- the blank company took out a loan for $600000 to buy a commercial building for $500000 dollars which generated a rental income of $42500 at the end of the year. The company spends $400000 to buy furniture to furnish and make land improvements by using the remaining loan balance and plus some cash from the partner's contributions. All assets are depreciable starting July 1M 1999 and on accrual basis At the end of the year, the company had the following on their balance sheet Accounts Receivable 7000 Cash 33475 Mortgage (600000) Security Deposits SOOD Prepaid Expenses 10000 Security Deposits (5000) Building 500000 Accrued Expenses (5175) Furniture 150000 Land improvements 400000 Accounts Payable (11500) Land 600000 the blank company had expanses of $58700 for the year A) Prepare a adjusted trial balance and journal entries for the year of 1999 which include depreciation for asset on tax basis (Show work)