Carla Vista Department Store is located in midtown Metropolis, During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance. $ 34,200 22,200 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash 88,400 10,400 45,500 Common Stock Cost of Goods Sold 793,500 Freight-Out 8,630 Equipment 206,850 Depreciation Expense 17.900 Dividends 15,600 Gain on Disposal of Plant Assets 2,600 13,000 11.700 Income Tax Expense Insurance Expense Interest Expense 6,500 Inventory 33,900 Notes Payable 56,550 Prepaid Insurance 7,800 Advertising Expense 43,550 44,200 Rent Expense 18,300 Retained Earnings 154,320 Salaries and Wages Expense 1,176,000 Sales Revenue 7,800 Salaries and Wages Payable 26,000 Sales Returns and Allowances 13,300 Utilities Expense Additional data: Notes payable are due in 2026. CARLA VISTA DEPARTMENT STORE Income Statement $ v: $ 11