Ella King prepared the following trial balance for her yoga studio, Cullumber Meditation, for the year ended December 31, 2024. CULLUMBER MEDITATION Trial Balance December 31, 2024 Debit Credit Cash $15,664 Accounts receivable 6,912 Supplies 1,424 Prepaid insurance 2,748 Equipment 19,456 Accounts payable $4,168 Notes payable 12,800 E. King, capital 21,564 E. King, drawings 30,720 Service revenue 108,864 Interest expense 704 Rent expense 19,840 Salaries expense 46,720 Telephone expense 3,208 $147,396 $147,396 Use the trial balance to do the following: