CES Presented below are selected accounts of Sheridan Company at December 31, 2017. Inventory (finished goods) Unearned Service Revenue $ 56,300 99,900 258,800 Cost of Goods Sold $2,134,500 41,000 171,010 186,240 59,680 13,110 19,680 87,790 22,670 Accounts Receivable Inventory (work in process) Cash (not indluding restricted cash) Debt Investments (trading) Customer Advances Restricted Cash for Plant Expansion 39,400 Inventory (raw materials) 46,300 38,100 37,900 Licenses 59,200 Supplies Expense Allowance for Doubtful Accounts Additional Paid-in Capital Treasury Stock 2. Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $54,682. 3. The short-term investments have a fair value of $31,290. 4. The notes receivable are due April 30, 2019, with interest recevable every Aprl 30. The notes bear interest at 6%. (Hint: Accrued interest due on December 31, 2017 S The allowance for douteful accounts apoles to the accounts recevable. Accounts recevable of $53,900 are pledged as colateral on a bank loan. 7. Treasury stock is recorded at cost