Brothers Harry and Herman Hausyerday began operations of their machine shop (H \& H lool, Incorporated) on January 1 , 2020. The annual reporting period ends December 31. The trial balance on January 1, 2021, follows (the amounts are rounded to thousands of dollars to simplify): Transactions and events during 2021 (summarized in thousands of dollars) follow: a. Borrowed $12 cash on March 1 using a short-term note. b. Purchased land on March 2 for future building site; paid cash, $9. c. Issued additional shares of common stock on April 3 for $23. d. Purchased software on July 4,$10 cash. e. Purchased supplies on account on October 5 for future use, $18. f. Paid accounts payable on November 6, \$13. g. Signed a $25 service contract on November 7 to start February 1, 2022. h. Recorded revenues of $160 on December 8 , including $40 on credit and $120 collected in cash. i. Recognized salaries and wages expense on December 9 , $85 paid in cash. j. Collected accounts receivable on December 10,$24. Data for adjusting journal entries as of December 31: k. Unrecorded amortization for the year on software, $5. I. Supplies counted on December 31, 2021, \$10. m. Depreciation for the year on the equipment, $6. n. Interest of \$1 to accrue on notes payable. o. Salaries and wages earned but not yet paid or recorded, $12. p. Income tax for the year was $8. It will be paid in 2022 . \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Post-Closing Trial Balance } \\ \hline \multicolumn{2}{|c|}{ (in thousands) } \\ \hline \multicolumn{2}{|c|}{ Account Titles } \\ \hline Cash TOOL, INCORPORATED \\ \hline Accounts Receivable & \\ \hline Supplies & \\ \hline Land & \\ \hline Equipment & \\ \hline Accumulated Depreciation & \\ \hline Software & \\ \hline Accumulated Amortization & \\ \hline Accounts Payable & \\ \hline Notes Payable (short-term) & \\ \hline Salaries and Wages Payable & \\ \hline Interest Payable & \\ \hline Income Tax Payable & \\ \hline Common Stock & \\ \hline Retained Earnings & \\ \hline Dividends & \\ \hline Service Revenue & \\ \hline Salaries and Wages Expense & \\ \hline Supplies Expense & \\ \hline Depreciation Expense & \\ \hline Amortization Expense & \\ \hline Interest Expense & \\ \hline Income Tax Expense & \\ \hline Totals & \\ \hline \hline \end{tabular}