Account Amount Cash Debit Credit Merchandise Inventory (12/31/2020) $222,000 $222,000 100,000 Equipment 100,000 Accounts Receivable 120,000 120,000 Common Stock ($.50 par) 105,000 105,000 350,000 Sales 350,000 875,000 Rent Expense 875,000 67,000 Bonds Payable (due 2050) 67,000 Accounts Payable 120,000 120,000 Dividends 27,000 27,000 10,000 Treasury Stock, Common (19,000 shares) 10,000 42,000 Preferred Stock 6% ($10 par) 42,000 85,000 85,000 Click Save and Submit to save and submit Clio Preferred Stock 6% ($10 par) 85,000 85,000 Land 260,000 260,000 Paid-in Capital in Excess of Par Value, Preferred 8,000 8,000 Cost of Goods Sold 720,000 720,000 Interest Expense 20,000 20,000 Unearned Revenue 18,000 18,000 Paid-in Capital from Treasury Stock Transactions, Common 56,000 56,000 Allowance for Doubtful Accounts 5,000 5,000 95,000 95,000 Operating Expenses Accumulated Depreciation Equipment Paid-in Capital in Excess of Par Value, Common 30,000 30,000 117,000 117,000 Retained Earnings (1/1/2020) 70,000 70,000 TOTALS $3,552,000 $1,761,000 $1,761,000 HINT: PREPARE A COMPLETE SET OF FINANCIAL STATEMENTS AND THEN ANSER THE QUESTIONS The total paid-in capital at December 31, 2020 is: A. None of the above B. $435,000 C. $560,000 D. $574,000 E. $616,000 The net realizable value of the accounts receivable at December 31, 2020 is: A. None of the above . $100,000 $105,000 D. $110,000 $95,000 The total liability percent for Sara Company at December 31, 2020 is (rounded to nearest whole percent) A. None of the above 11% 21% OB 39% OD E 19%