Indirect Oil Company reports these account balances at December 31, Year 1:

Accounts Payable	$ 55,000
Land	100,000
Notes Payable	130,000
Equipment	80,000
Cash	40,000
Accounts Receivable	50,000
Buildings	120,000
Capital Stock	170,000
Retained Earnings	35,000

On January 2, Year 2, Indirect Oil collected $25,000 of its accounts receivable and paid $20,000 of its accounts payable.

In a trial balance prepared at December 31, Year 1 the total of the debit column is: