Following is a list (in no systematic order) of the items appearing in the student's balance sheet, income statement, and the retained earnings column of the statement of stockholders' equity: Accounts receivable $ 185,000 Advertising expense $ 96,000 Note receivable 39,000 Cost of goods sold 586,000 Merchandise inventory 197,000 Unearned rent revenue 6,000 Cash Paid-in capital 98,000 Insurance expense 610,200 Unexpired insurance 3,800 2,200 Building 302,000 Accounts payable 50,500 Accumulated depreciation, building 23,000 Interest expense 200 Land 167,500 Telephone expense 2,600 Sales 938,000 Notes payable 19,000 Salary expense 124,500 Net income 63,954 Retained earnings, December 31, 20X0 Miscellaneous expense 3,500 165,500 Maintenance expense 4,900