Boilermaker Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited.

BOILERMAKER UNLIMITEDAdjusted Trial BalanceDecember 31, 2021AccountsDebitsCreditsCash$14,200Accounts Receivable25,800Supplies32,800Prepaid Insurance5,200Equipment400,000Accumulated Depreciation$128,000Accounts Payable29,200Salaries Payable26,200Utilities Payable3,200Notes Payable (due in 5 years)130,000Common Stock110,000Retained Earnings27,800Dividends24,200Service Revenuenew construction360,000Service Revenueremodeling255,000Salaries Expense142,000Supplies Expense267,000Depreciation Expense32,000Insurance Expense23,200Utilities Expense40,200Interest Expense7,800Service Fee Expense55,000Totals$1,069,400$1,069,400