Drenare an undated Neremher 31 OnO? trial halanre reflertino the inurnal entries in nartlal Current Attempt in Progress Sheridan Corporation's trial balance at December 31, 2022, is presented below. All 2022 transactions have been recorded except for Unrecorded transactions and adjustments: 1. On January 1,2022 , Sheridan issued 920 shares of $20 par, 6% preferred stock for $20,240. 2. On January 1,2022 , Sheridan also issued 920 shares of common stock for $21,160. 3. Sheridan reacquired 276 shares of its common stock on July 1,2022 , for $49 per share. 4. On December 31,2022 , Sheridan declared the annual cash dividend on the preferred stock and a $1.50 per share dividend on the outstanding common stock, all payable on January 15, 2023. 5. Sheridan estimates that uncollectible accounts receivable at year-end are $4,692. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $4,600. 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $3,680. 8. The unearned rent was collected on October 1,2022. It was receipt of 4 months' rent in advance (October 1, 2022 through January 31, 2023). 9. The 10% bonds payable pay interest every January 1 . The interest for the 12 months ended December 31,2022 , has not been paid or recorded. Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable Retained Earnings Cash Dividends Sales Revenue Rent Revenue Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense 17756 69046 368000 \begin{tabular}{|r||} \hline 2940 \\ \hline \hline \end{tabular} 35880 59800 $