All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, 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 40%. Cash $371,340 793,950 Accounts Receivable Interest Receivable Prepaid Insurance Prepaid Rent 5,300 7,800 13,200 226,900 Supplies Equipment Accumulated Depreciation-- 692,500 144,900 Equipment Accounts Payable Deferred Revenue Inco Salaries and Wages Payable Notes Payable (long-term) 301,700 93,600 me Tax Payable 0 29,400 376,040 249,600 Long-Term Debt 404,600 Common Stock 223,400 Retained Earnings Dividends Service Revenue Interest Revenue Supplies Expense Repairs and Maintenance Expense 24,000 964,000 134,100 356,200 263,900