Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end of the year, and 550 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,200 in cash (for a total at the end of the year of 830 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,580 Accounts receivable 2,390 Interest receivable 300 Prepaid insurance 1,800 Long-term notes receivable 2,920 Equipment 16,300 Accumulated depreciation $ 2,930 Accounts payable 2,240 Dividends payable 630 Accrued expenses payable 3,770 Income taxes payable 2,590 Unearned rent revenue 360 Common Stock (830 shares) 83 Additional paid-in capital 3.477 Retained earnings 4,120 Sales revenue 37,650 Interest revenue Rent revenue 590 Wages expense 18,500 Depreciation expense 1,780 Utilities expense 320 Insurance expense 700 Rent expense 9,280 Income tax expense 2.750 Total $ 58,620 $ 58,620 180 CATENA'S MARKETING COMPANY Balance Sheet Assets Current assets: Total current assets Total assets Liabilities Current liabilities: Total current liabilities Stockholders' equity Total Current asses Total assets Liabilities Current liabilities: Total current liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity