An alphabetical list of Ivanhoes Company's adjusted accounts at its fiscal year end, August 31, 2017, follows. All accounts have normal balances.

Accounts payable		$15,580		Notes payable		$42,000
Accumulated depreciationequipment		14,000		Prepaid insurance		575
Accumulated depreciationfurniture		17,500		R. Smistad, capital		65,750
Cash		26,120		R. Smistad, drawings		76,000
Cost of goods sold		272,000		Rent expense		24,100
Depreciation expense		7,030		Salaries expense		51,000
Equipment		35,000		Salaries payable		2,250
Furniture		42,400		Sales		474,000
Insurance expense		3,575		Sales returns and allowances		16,300
Interest expense		2,120		Supplies		950
Interest payable		565		Supplies expense		6,325
Merchandise inventory		70,750		Unearned revenue		2,600

Additional information: 1. Of the notes payable, $6,200 becomes due on February 17, 2018. The balance is due in 2019. 2. On July 18, 2017, R. Smistad invested $4,400 cash in the