At the end of the yearI 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 lling 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 statement. Account Title Balance Accounts Payable $65,000 Accounts Receivable 145.987 Accumulated Depreciation Bank Loan Bonds Payable Cash 47.165 Common Shares Cost of Goods Sold 310,5 Depreciation Expense Discount on Bonds Gain on Fair Value Adjustment Insura nce Expense Interest Expense Interest Payable Interest Revenue Inventory 110. Investment in Associate - Gregor Inc. Long-Term Investment - Bond Loss on Fair Value Adjustment Loss from Discontinued Operations Maintenance Expense Preferred Shares Premium on Bonds Prepaid Insurance Professional Fees Expense Property. Plant & Equipment 240. Rent Expense Revenue from Investment in Associate Salaries Expense Sales Discounts Sales Returns and Allowances Sales Revenue 690. Short-Term Investment - Daenerys Inc. Telephone Expense Travel Expense 16.700 Unearned Revenue 88.230 Notes: The bank loan is payable over 8 years and $5,000 will be paid by December 31, 2021. IlIl-glllglllllllllllllgllglllllll