Clear Water Co. reports the following balance sheet accounts as of December 31. Buildings Accounts receivable. Land $ 30,000 2,200 13,000 Merchandise inventory 7,400 Accounts payable 5,200 Cash 8,400 Notes payable (due in 7 years) 34,000 Office supplies 1,400 Common stock 12,000 Retained earnings 8,000 Wages payable 3,200