Given the Following information, answer the question below. Mad Hatter's Inc. had the following balances at the beginning of the year for its various accounts: Beginning Balance: Land 25,000 Building 12,000 Cash 90,000 43,000 Note Payable Hat Inventory Accts. Payable 2,000 1,000 Accts. Receivable 11,000 Utility Expense 3,500 Payable Cap. Stock (1250 shs) 2,500 Sales Revenue 0 COGS 0 Utility Expense 0 Dividends 0 Retained Earnings 90,000 There were the following transactions during the year: There were the following transactions during the year: Debit Credit a) Inventory 10,000 Cash 5,000 Acct. Payable 5,000 b) Note Payable 20,000 Cash 20,000 c) Acct. Receivable 25,000 Sales Revenue 25,000 Cost of Goods Sold 8,000 Inventory 8,000 d) Utility Expense 3,500 Utility Expense Payable 3,500 Dividends 5,000 Cash 5,000 Note: Remember that amounts listed as the beginning balance are all positive, but certain accounts are a debit balance when positive (like cash), and some accounts are a credit balance when positive (like notes payable) Fill in the amounts that would appear on the end of the year General Ledger: (Fill in the amount that would appear before closing or adjusting journal entries) Land 0 Building 12,000 Cash 60,000 A Note Payable 63,000 Hat Inventory 12,000 A Acct. Payable 7,000 Acct. Receivable 2,500 Utility Expense Payable 80,000 Cap. Stock (1250 shs) 85,000 Hat Inventory 12,000 Acct. Payable 7,000 Acct. Receivable 2,500 Utility Expense Payable 80,000 Cap. Stock (1250 shs) 85,000 Sales Revenue 4,000 Cost of Goods Sold 60,000 A Utility Expense 8,000 A Dividends 36,000 Retained Earnings 90,000