All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2018, with the exception of income taxes incurred but not yet recorded. Those account balances appear below. All have normal balances.

The estimated income tax rate for the company is 30%.

Cash $ 364,340

Accounts Receivable 779,950

Interest Receivable 4,950

Prepaid Insurance 7,450

Prepaid Rent 12,500

Supplies 223,400

Equipment 685,500

Accumulated Depreciation 139,300

Accounts Payable 294,700

Deferred Revenue 90,100

Income Tax Payable 0

Salaries and Wages Payable 27,300

Notes Payable (long-term) 369,040

LongTerm Debt 242,600

Common Stock 396,200

Retained Earnings 217,800

Dividends 22,600

Service Revenue 943,000

Interest Revenue 127,100

Supplies Expense 349,200

Repairs and Maintenance Expense 258,300

Depreciation Expense 60,350

Rent Expense 31,800

Income Tax Expense Unknown