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. Accounts Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Debits Credits $ 16,000 25,000 32.000 7,000 625,000 $ 200,000 31,000 28,000 Utilities Payable 5,000 Notes Payable (due in 5 years) 150,000 Common Stock 200,000 Retained Earnings 31,000 Dividends 26,000 Service Revenue-new construction 450,000 Service Revenue-remodeling 280,000 Salaries Expense 160,000 Supplies Expense 285,000 Depreciation Expense 50,000 Insurance Expense 25,000