Accounts payable Accounts receivable Account Description Account Balance* $ 19,400 66,200 Accumulated amortization, patent Accumulated depreciation, equipment 49,400 147,800 Accumulated depreciation, vehicles 61,400 Advertising payable 2,000 Allowance for doubtful accounts 2,600 Cash 27,800 Common shares, 100,000 shares authorized; 25,000 shares were issued at an average price of $8.60; market price per share on March 31, 2020, was $9.80 Equipment Income tax payable Notes payable** Patent Prepaid rent Retained earnings Unearned revenues Vehicles ? 458,000 54,200 134,000 114, 200 54,200 ? 26,600 80,600