At the end of the year, Holister Electric has the following list of accounts and adjusted balances. -The expansion into HVAC did not go as planned and had to be discontinued. - All balances are normal balances. -Complete the list by filling in the missing values from the journal entries you created during the year. (11 marks) The cash balance includes all transactions during the year, including the ones you prepared. Interest expense includes interest accrued on the bond plus interest paid on the bank loan. Interest payable will only contain interest accrued. - Interest revenue is only from items in the journal entries for the year Assume the tax rate is 30%, Assume income tax has already been paid. You will just have to calculate the income tax expense on the income Matement. Account Title Balance Accounts Payable $65 000 Accounts Receivable 145 987 Accumulated Depreciation 10.000 Bank Loan 40.000 Bonds Payable 47.145 Common Shares Cost of Goods Sold $10.500 Depreciation Expense 25,000 Discount on Bonds Gain on Fair Value Adjustment Insurance Expense 2.000 Interest Expense 2,000 nterest Payable nterest Revenue Inventory 110 000 Investment in Associate - Gregor Inc. Long-Term Imestment - Bond Loss on Fair Value Adjustment Loss from Discontinued Operations (14,700) Maintenance Expense P.000 Preferred Shares Premium on Bands Prepaid Insurance 16,000 Professional Fees Expense 5.600 Property, Plant & Equipment Rent Expense 28,000 Revenue from Investment in Associate Salaries Expense 75,000 Sales Discounts 5,000 Sales Returns and Allowances 10.000 Sales Revenue 490 000 Short-Term Investment - Daenerys Inc. Telephone Expense 4,000 Travel Expense 16.700 Unearned Revenue 68.230 Notes: The bank loan is payable over & years and $5,000 will be paid by December 31, 2021