Following is a post-closing trial balance for the Mardi Gras Company at December 31, 2017, the end of the company's fiscal year: Accounts Payable Accounts Receivable Accumulated Depreciation Bonds Payable, due 2025 Building and Equipment Cash Common Stock Deferred Revenue Investments 13,300 54,000 48,000 245,000 340,000 35,725 150,000 17,000 38,300 136,000 112,700 29,800 4,915 Land, in use Notes Payable Patents, net Prepaid Rent (for 2018) Retained Earnings Supplies -56,525 3,785 Additional information: 1. Notes payable is composed of 4 separate notes and accrued interest. One note of $10,500 is due in July of 2018. The second note, an $85,500 note, is due in 10 equal annual installments with the first payment due August 1, 2018. The third note is an $11,400 loan due in January of 2019. The fourth note is a $4,500 loan due February 2022. The accrued interest is $800 and is due October of 2018. ZAccouets 2. The balance in the Building and Equipment account includes $98,000 building that is being held as a long-term investment and is not being used in the operation of Mardi Gras Company. The cost of the building that is currently being used for the operation of Mard Gras Company is $185,000. The amount remaining in this account is the equipment that the company has purchased for use in the business. 3. Cash includes a $10,250 bond sinking fund to be used for repayment of the Bonds Payable.zo25 4. Only 65% of the amount in the Deferred Revenue account is expected to be earned in 2018. The remaining amount will be earned in 2019 5. Accounts receivable includes an $18,750 notes receivable due from a customer in 2020. The remaining balance in accounts receivable is net of an allowance for uncollectible accounts of $5,900