Cullumber Grove Hardware has the following balances in the company ledgers for the year ending December $31$:

Mortgage Payable

$$85,000$

Interest Expense

$$13,000$

Prepaid Insurance

$$3,200$

Land

$$24,700$

Short$-$term investments

$$1,600$

Office salaries

$$72,000$

Common Shares

$$11,000$

Sales Salaries

$$99,800$

Cash

$$200$

Supplies expense

$$18,200$

Advertising

$$51,600$

Insurance expense

$$9,800$

Accounts Receivable

$$18,100$

Depreciation expense

$$18,500$

Sales revenue

$$596,000$

Income tax expense

$$5,400$

Accounts Payable

$$7,100$

Dividend Payments

$$12,900$

Buildings $($Net$)$

$$101,100$

Interest Income

$$18,500$

Cost of Goods Sold

$$303,200$

Inventory

$$15,300$

Note Payable $($due in $9$ months$)$

$$8,700$

Retained Earnings $($Beg Bal$-$Jan $1)$

$$42,300$