Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated other comprehensive income Allowance for doubtful accounts Bonds payable Buildings Cash Common shares Contributed surplus-common Dividends payable on preferred shares FV-NI investments Inventory Land Preferred shares Brubacher Limited Post-Closing Trial Balance December 31, 2020 Prepaid expenses Retained earnings Treasury shares (10,000 common shares) Totals At December 31, 2020, Brubacher had the following numbers for its common and preferred shares: Common Authorized Issued 600,000 200,000 Outstanding 190,000 Dr. $ 480,000 Cr. $ 310,000 185,000 100,000 30,000 300,000 1,450,000 190,000 200,000 200,000 1,460,000 4,000 360,000 400,000 500,000 40,000 201,000 170,000 $3,290,000 $3,290,000 Preferred 60,000 10,000 10,000 The dividends on preferred shares are $5 cumulative. In addition, the preferred shares have a preference in liquidation of $50 per share.