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Depreciation expense $98,600 Cash 337,600 Long-term debt 501,000 Sales 858,700 Accounts payable 153,300 General and administrative expense 119,100 Buildings and equipment 1,343,200 Notes payable

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Depreciation expense $98,600 Cash 337,600 Long-term debt 501,000 Sales 858,700 Accounts payable 153,300 General and administrative expense 119,100 Buildings and equipment 1,343,200 Notes payable 112,300 Accounts receivable 251,910 Interest expense 7,195 Accrued expenses 11,760 Common stock 433,400

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