Act 100 Cash 101 Accounts Receivable 102 Allowance for Doubtful Accounts 103 Short-term Investments 104 Fair Value Adjustment-ST 105 Inventory 106 Prepaid Insurance 107 Supplies Adjusted Trial Balance Income Bal. Sheet December 31, 2021 Statement Stmt. Own. Equity Description DR 3,310,788.00 CR Dr. C Qr CL 3.310,788.00 1,756,720.00 1.756.720.00 35,134.40 35.134.40 14,000.00 14,000.00 1,500.00 1,500.00 933,104.10 933,104.10 43,750.00 43,750.00 5,016.00 5.016.00 110 Available-for-sale investments 483,800.00 483,800.00 111 Fair Value Adjustment-AFS 5,200.00 6,200.00 120 Land 1,135,000.00 1,135.000.00 121 Building 3,000,000.00 3.000.000.00 122 Accumulated Depreciation-Building 346,154.08 346,154.06 123 Machinery 850,000.00 550,000.00 124 Accumulated Depreciation Machinery 183,300.00 183,300.00 125 Equipment 650.000.00 850,000.00 126 Accumulated Depreciation Equipment 203,923.85 203,923.85 127 Truck 56,500.00 56.500.00 128 Accumulated Depreciation Truck 48,166.56 48.168.56 130 Right-of-use Asset 175 Patents 500,000.00 55,000.00 201 Accounts Payable 358,598.10 2021 Salaries Payable 203 Utilities Payable 204 Payroll Taxes Payable 1,722,000.00 9,000.00 33,990.00 500,000.00 55,000.00 358,508.10 1.722.000.00 9,000.00 205 Interest Payable 206 Dividends Payable 207 Note Payable-short term 208 Income Tax Payable 220 Lease Liability 50,750.00 350,000.00 150,000.00 190.247.00 417,250.00 221 Note Payable-long term 225 Bond Payable 454,500.00 2,500,000.00 33,000.00 50,750.00 350,000.00 150.000.00 190.247.00 417,250.00 454,500.00 226 Discount on Bond Payable 128,224.00 128.224.00 2,500,000.00 301 Common Stock, $1 par, $1M shares authorized; 235,000 shares issued and outstanding 302 APIC Common Stock 303 Retained Earnings 304 Unrealized Gains (Losses) Equity 295,000.00 4,463,193.00 695.590.00 5,200.00 305 Unearned Compensation 306 Treasury Stock 157,777.78 71.500.00 307 APIC Treasury Stock 25.000.00 401 Sales 8,186,460.00 500 Cost of Goods Sold 4.550,000.00 4.550.000.00 600 Compensation Expense 601 Salaries Expeme 2,222 22 2,045,000.00 2.222.22 2.045.000.00 602 Bad Dept Expense 23,734.40 23.734.40 605 Payroll Tax Expense 88,990.00 88.990.00 606 Advertisting Experde 125,000.00 125.000.00 607 Insurance Expense 121,250.00 121.250.00 608 Supplies Expense 22,989.00 22.989.00 609 Depreciation Experos 277,679.48 277.679.48 610 Amortization Expense 5,000.00 5,000.00 611 Utilities Expense 9.000.00 9.000.00 612 Miscellaneous Expenses 9,300.00 9.300.00 614 Interest Expense 126,165.00 126.165.00 615 Income Tax Expense 164,247.00 164.247.00 617 Realized Gains (Losses 3,500.00 620 Unrealized Gains (losses) Income 1,500.00 Totals 20.728.456.98 20.728.456.98 1.500.00 7,572.077.11 (617.882.89) 295,000.00 4,453,190.00 616.590.00 5,200,00 157.777.78 71,500.00 25.000.00 8.186.460.00 3.500.00 8.180.000.00 13.156.379.86 12.538.400.00 617.582.89