Credit Debit $ 58,700 49,300 1,500 34,800 $ 13,300 3,700 Cash Accounts receivable Office supplies inventory Automobiles (company cars) Accumulated depreciation, automobiles office equipment Accumulated depreciation, office equipment Accounts payable Income taxes payable Salaries and commissions payable Note payable, long-term Capital stock (par $1; 32,300 shares) Paid-in capital Retained earnings (on April 1, 2018) Dividends declared and paid during the current year Sales revenue Cost of goods sold Operating expenses (detail omitted to conserve time) Depreciation expense (on autos and including $300 on office equipment) Interest expense Income tax expense (not yet computed) Totals 1,000 21,500 0 1,100 32,400 32,300 4,200 7,100 10,900 105,300 32,600 18,600 7,600 500 $218,200 $218, 200 b. Classified balance sheet at the end of the reporting year, March 31, 2019. Include (1) income taxes for the current year in Income Taxes payable and (2) dividends in Retained earnings. (Amounts to be deducted should be indicated by a minus sign.)