At January 1 (beginning of its fiscal year). Freeman, Incorporated, a financial services consulting firm, reported the following account balances (in thousands, except for par and market value per share): a. Received $9,500 cash for consulting services rendered b. Issued 10 additional shares of common stock at a market price of $120 per share. c. Purchased $640 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $890 from clients for consulting services to be performed in the next year. e. Bought $470 of supplies on account f. Incurred and paid $1,800 in utilities for the current year. g. Consulted for clients in the current year for fees totaling $1,620, due from clients in the next year. h. Received $2,980 from clients paying on their accounts. 1. Incurred $6,210 in salaries in the current year, paying $5,300 and owing the rest (to be paid next year). j. Purchased $1,230 in short-term investments and paid $800 for insurance coverage beginning in the next fiscal k. Received $10 in interest revenue earned in the current year on short-term investments. 3. Using the data from the T-accounts, amounts for the following at the end of the current year were: Note: Enter your answers in thousands, not in dollars