Green Valley Company prepared the following trial balance at the end of its first year of operations ending December $31.$ To simplify the case, the amounts given are in thousands of dollars.

$\backslash$table$[[,$UNADJUSTED$],[,$Debit,Credit$],[$Cash$,31,],[$Accounts receivable,$28,],[$Prepaid insurance,$23,],[$Machinery$,90,],[$Accumulated depreciation,,$],[$Accounts payable,,$],[$Wages payable,,$],[$Income taxes payable,,$7],[$Common stock $(7,000$ shares$),22,],[$Additional paid$-$in capital,$38,131],[$Retained earnings,$232,232],[$Revenues $($not detailed$),,],[$Expenses $($not detailed$),,],[$Totals$,,]]$

Other data not yet recorded at December $31$ include

a$.$ Insurance expired during the current year, $$11.$

b$.$ Wages payable, $$12.$

c$.$ Depreciation expense for the current year, $$14.$

d$.$ Income tax expense, $$7.$