Bank Financial information for "My Company Inc." Fiscal year ending February 28, 2022 Accounts Receivable Allowance for Doubtful account Inventory Supplies $80 500 $10 500 $1 000 $52 200 $3 000 Equipment $56 700 Accumulated Amortization - Equipment $18 000 Vehicles $235 000 Accumulated Amortization - Vehicles $62 000 Accounts Payable $8 500 HST Payable $1 210 HST recoverable $650 Long term bank loan $73 500 Common stock, unlimited, 40 000 issued $160 000 4% Preferred Stock No par value, 8 000 issued $70 000 Advertising Expense $4 575 Supplies Expense $1 200 Rent Expense $30 000 Vehicle Repair Expense $1 770 Wages Expense $325 000 Amortization Expense $9 500 Utilities Expense $4 500 Fees Earned $428 385 Retained Earnings March 1, 2021 $36 500 Cash Dividends - Common $34 000 Cash Dividend - Preferred $10 000