El Greco Corporation began operations on January 1, 2017. Presented below is selected information related to El Greco at December 31, 2017. Equipment 435,000 Utilities Expense 54,000 Cash 126,000 Accounts Receivable 123,000 Service Revenue 972,000 Salaries and Wages Expense 363,000 Rent Expense 117,000 Notes Payable 144,000 Accounts Payable 66,000 Dividends 135,000 Share Capital-Ordinary 252,000 Salaries and Wages Payable 24,000 Supplies 45,000 Advertising Expense 60,000 The statement of financial position at December 31, 2017 reports total liabilities of O 90,000. 234,000. 180,000. 357,000