Credits Allowance for doubtful accounts $1,300 $1,100 Accumulated depreciation-plant assets 16,600 15,100 Accounts payable 25,100 15,700 Income taxes payable 21,000 28,800 Deferred tax liability 5,300 4,600 8% callable bonds payable 44,900 20,000 Common stock 49,700 40,000 Paid-in capital in excess of par 9,100 7,500 Retained earnings 44,900 64,700 Sales revenue 537,300 779,900 $755,200 $977,400