Colorado Company for Healthy Food & Beverage was established since 2015 by Khalid and His sister Amna The company has two factories , also it depends on many suppliers to acquire all needed services and raw materials. It distributes its products through dealing with many wholesalers. While the company uses a credit policy in dealing with the wholesalers, it uses a cash policy in dealing with its suppliers to avoid any interest and to benefit from cash discount. Finally, the company owns all machines and equipment but rent all buildings and cars. Required: As expert, use the above information about Colorado Company to re-design the below Colorado Company's chart of accounts correctly. (You are free to add , delete, and update). Revenues Sales Revenue Assets Cash Accounts receivables Raw materials Work in process Finished goods Cars Accumulated depreciation-cars. Machines and equipment Accumulated depreciation- Machines and equipment Expenses Cost of goods sold Rent expense Depreciation expense-cars Depreciation expense- Machines and equipment Interest expense Salaries expense Equity Common stock Liability Accounts payable Retained earnings Salaries payable Rent payable Interest payable