Additional information is available as follows. 1. The equipment has an estimated useful life of 16 years and a salvage value of $33,600 at the end of that time. Concord uses the straight-line method for depreciation. 2. The note payable is a one-year note given to the bank January 31 and bearing interest at 10%. Interest is calculated on a monthly basis. 3. Late in December 2025, the theater sold 380 coupon ticket books at $50 each. 220 of these ticket books have been used by year-end. The cash received was recorded as Unearned Service Revenue. 4. Advertising paid in advance was $5,550 and was debited to Prepaid Advertising. The company has used $2,480 of the advertising as of December 31, 2025. 5. Salaries and wages accrued but unpaid at December 31,2025 , were $3,230. The Concord Theater is nearing the end of the year and is preparing for a meeting with its bankers to discuss the renewal of a loan. The accounts listed below appeared in the December 31, 2025, trial balance. Depreciation Expense 8600 Accumulated Depreciation-Equipment Interest Expense \begin{tabular}{||r||} \hline \hline \multicolumn{1}{||}{9,776} \\ \hline \hline \end{tabular} Interest Payable Unearned Service Revenue Ticket Revenue Advertising Expense \begin{tabular}{||c||} \hline \hline 19000 \\ \hline \hline \end{tabular} \begin{tabular}{||r||} \hline \hline 9,776 \\ \hline \hline \end{tabular} Prepaid Advertising Salaries and Wages Expense \begin{tabular}{||c||} \hline \hline 3070 \\ \hline \hline \end{tabular} \begin{tabular}{||c||} \hline \hline 19000 \\ \hline \hline \end{tabular} Salaries and Wages Payable \begin{tabular}{|l|} \hline 3230 \\ \hline \end{tabular}