Complex Income Statement The following is the adjusted trial balance for the Woodbine Circle Corporation on December 31, 2016: Debit Credit $500,000 1,500,000 2,500,000 15,100,000 Cash Accounts receivable, net Inventory Property, plant, and equipment Accumulated depreciation Accounts payable Income taxes payable Notes payable Common stock ($1 par value) Additional paid-in capital Retained earnings, January 1, 2016 Sales-regular Sales-AL Division Cost of sales-regular Cost of sales-AL Division $4,900,000 2,200,000 200,000 1,000,000 1,000,000 5,800,000 3,000,000 10,100,000 2,000,000 6,200,000 900,000