Ineeded to complete the schedules. It is marked week 4. I have finished the other part of this project except these schedules. Could you please work on these for me. If I can get you to also look over everything else I would like that as well

Name San Antonio Outfitters Land Account 12/31/XXXX Totals Name General Journal GENERAL JOURNAL Date Account Titles and Explanation P. R. Debit Credit Name General Ledger GENERAL LEDGER Date Explanation DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Accounts Receivable Explanation P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Explanation Prepaid Insurance P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Explanation Office Equipment P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Accum Depreciation, Office Equipment Explanation P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Date Date Explanation Cash P.R. Inventory P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Name Worksheet San Antonio Outfitters Work Sheet For Month Ended December 31, 2013 Account Titles Cash Accounts Receivables Prepaid Insurance Office Equipments Furniture & Fixtures Accumulated Depreciation OE Inventory Building Land Land Improvements Accounts Payable Notes Payable Interest Payable San Antonio Capital San Antonio Withdrawls Revenue Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Unadjusted Trial Balance Dr. Cr. 3,394,380 2,129,500 42,300 119,300 Adjustments Dr. Cr. 3,000,000 6,405,000 455,000 145,000 Adjusted Trial Balance Dr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 100,000 720,000 Cr. Income Statement Dr. Cr. 11,750 5,473,512 100,000 505,000 104,410 600,000 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 2,541,700 3,000,000 180,658 2,541,700 10,450 10,450 6,144,100 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 654,500 4,250 71,410 7,500 32,400 11,970 107,145 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 9,401,960 9,401,960 9,685,657 9,685,658 12,582,617 12,582,618 Net Income Difference in rounding off 1 889,175 6,144,100 5,254,925 6,144,100 6,144,100 Balance Sheet & Statement of Owner's Equity Dr. Cr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 7,786,175 11,682,992 11,682,992 0 Name Income Statement San Antonio Outfitters Income Statement For Year Ended December 31, XXXX Revenue Expenses: Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Total Expenses Net Income $6,144,100 $654,500 $4,250 $71,410 $7,500 $32,400 $11,970 $107,145 889,175 $5,254,925 San Antonio Outfitters Statement of Changes in Owner's Equity For Year Ended December 31, XXXX Balance on April 1 Net Income Withdrawls Balance on Dec. 31 $2,541,700 5,254,925 10,450 7,786,175 San Antonio Outfitters Balance Sheet December 31, XXXX Name Post Closing Trial Balance San Antonio Outfitters Post-Closing Trial Balance 12/31/XXXX Debit Cash -$10,620 Accounts Receivables $2,129,500 Prepaid Insurance $42,300 Office Equipments $574,300 Furniture & Fixtures $145,000 Accumulated Depreciation OE Inventory 2,104,000 Building 5,473,512 Land 720,000 Land Improvements 505,000 Accounts Payable Notes Payable Interest Payable San Antonio Capital Totals $11,682,992 Credit $11,750 104,410 3,600,000 180,658 7,786,175 $11,682,992 Interest Payable on old notes Payable 36000 Interest Payable on new notes payable Interest to be capitalized 1200000 151 days 1500000 91 days 300000 59 days Interest expenses Total Interest expenses Total interest payable 144658 39715 29918 3879 73512 71145 107145 180658 6 30 31 31 30 31 30 31 1 31 31 30 30 30 29 29 29 30 31 220 151 91 59 ACCT120 - Accounting Principles II Project Directions and Rubric submissions This Assessment is worth 20% of your overall grade _____________________________________________________________________________________________ Completing this assessment will help you to meet the following outcomes: Course Outcomes: Interpret and apply Generally Accepted Accounting Principles (GAAP) to analyze, record, and report financial information including receivable and payable transactions for a merchandising business using computerization. Identify and calculate the value of basic notes and bonds payable transactions including time value of money. Compute and evaluate depreciation, amortization, and depletion methods and apply the methods to fixed and intangible assets. Examine appropriate acquisition and disposal of assets. Select and utilize appropriate technology to complete a real world accounting project that requires the construction of a multi-step income statement and classified balance sheet. Program Outcomes: Record and report financial information using Generally Accepted Accounting Principles (GAAP). Institutional Outcomes: Information Literacy and Communication: Utilize appropriate current technology and resources to locate and evaluate information needed to accomplish a goal, and then communicate findings in visual, written and/or oral formats. Relational Learning: Transfer knowledge, skills and behaviors acquired through formal and informal learning and life experiences to new situations. Thinking Abilities: Employ strategies for reflection on learning and practice in order to adjust learning processes for continual improvement. Community and Career: Participate in social, learning, and professional communities for personal and career growth. Deadlines Activities The end of Week 2 at 11:59 pm, ET Essential Question Discussion The end of Week 3 at 11:59 pm, ET Prepare a schedule that provides detail on the asset allocation with the purchase. The end of Week 5 at 11:59 pm, ET Prepare the journal entries for the adjustments. The end of Week 6 at 11:59 pm, ET Prepare the trial balance, income statement, balance sheet and statement of owner's equity. The end of Week 7 at 11:59 pm, ET Final submission of Project to ePortfolio Reflection Discussion The end of Week 7 at 11:59 pm, ET Scenario/Directions: San Antonio Outfitters is in the process of expanding business operations and increasing total annual revenue. The leadership team recognizes that this objective was quite challenging in the current business location and purchased land and constructed a state of the art facility; however the cost was more than originally anticipated. You are a newly hired Accounting Assistant for San Antonio Outfitters. Your manager has asked you to help develop the financial data for the decision makers to use for planning and determination if the right decisions have been made. Accurate analysis is critical to the success of this endeavor. Week 2: Essential Questions Discussion Essential questions are designed to help you brainstorm prompt critical thinking as you begin working on your project. Use the information you learned about essential questions in ACCT110 to help you respond to the following: Explain the importance of utilizing appropriate technology in accounting. What are the differences between appropriate acquisition and disposal of assets? Now that you had the opportunity to address these essential questions, create at least one of your own that will further help you with the completion of your project. Respond to at least three of your classmates' initial post with constructive feedback. Project Excel Spreadsheet template and San Antonio Outfitters Financial Information for weeks 3, 5, and 6: Make sure you upload/submit your template in Blackboard for each week it is due. San Antonio Outfitters.pdf ACCT 120 Portfolio Project Template.xls Week 3: Prepare a Schedule Create a schedule that outlines the total spend for San Antonio on the construction expenses. Develop a schedule that shows initial values of the various assets that San Antonio acquired or constructed during 2013. The company uses the specific interest method to determine the amount of interest capitalized on the building construction. Develop a schedule that shows the total interest expense that San Antonio will need to show for 2013 as it relates to construction of the new facility. Week 5: Journal Entries Prepare the all associated journal entries using double entry accounting methods. Your debits and credits should equal and the entries should have proper impact on the accounts that are being used. Prepare all required journal entries Adjust the account balances Week 6: Financial Information Prepare the adjusted Trial Balance, Income Statement, Statement of Owners Equity and Balance sheet. You should use the work completed in week 5 (worksheet or general journal accounts) to prepare your adjusted trial balance, which should equal whereas debits equal credits. You will then need to prepare the Income statement, where net income will be carried through to the statement of owners' equity as one of the adjustments to the final balance in the equity account. You will then need to prepare the Balance Sheet, where you will show the updated Owners Equity balance. Produce the Trial Balance, Income Statement, Statement of Owners Equity and Balance Sheet for San Antonio for 2013. Week 7: Final Submission Use the feedback from your instructor to update the submission from weeks 3, 5, and 6. Upload your final version to the appropriate program outcome in your ePortfolio: (AAS ACCT) Interpret and apply generally accepted accounting principles (GAAP) to analyze, record, and report financial information. (BBA ACCT) Apply contemporary knowledge and skill sets to work effectively in the business community. Week 7: Reflection Discussion This discussion is designed to give you an opportunity to reflect on your progress to completion of the project. It further helps you identify how it directly relates to a career in accounting by identifying relevant workplace capabilities that you have gained during this assessment. Directions: In your initial post, answer the following questions: Reflect on what you learned and how the knowledge helped you with the understanding of the course, program, and institutional outcomes. The workplace capability specifically identified for this course is communication. Summarize how you feel communication was addressed in this course and why it is important for this project. Respond to at least three of your classmates' initial post with constructive feedback. ACCT120 - Project Grading Rubric Criteria Financial Data 80 Points Formatting & Mechanics 20 Points Instructor Comments: Exceeds Expectations 72-80 points Flawlessly submitted without any account errors: Prepared and submitted allocation of assets. Completed the journal entries in proper format. Completed Financial Statements in proper format. These include Income Statement, Statement of Owner's Equity, and Classified Balance Sheet. Completed Post-Closing Trial Balance in proper format. Meets Expectations 56-71 points Submitted with zero to minor accounting errors: Prepared and submitted allocation of assets. Completed the journal entries in proper format. Completed Financial Statements in proper format. These include Income Statement, Statement of Owner's Equity, and Classified Balance Sheet. Completed Post-Closing Trial Balance in proper format. 18-20 points The Excel document is formatted properly. No grammar, punctuation, or spelling errors. 14-17 points The Excel document is formatted properly. One major or two minor grammar, punctuation, or spelling errors. Below Expectations 0-55 points Did not submit or missing a significant amount of data; numerous accounting errors. Student does not understand how to create financial statements. 0-13 points The Excel document is not formatted properly. Many errors; detract from the meaning of the project significantly. Total Points: Points Name San Antonio Outfitters Land Account 12/31/XXXX Totals Name General Journal GENERAL JOURNAL Date Account Titles and Explanation P. R. Debit Credit Name General Ledger GENERAL LEDGER Date Explanation DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Accounts Receivable Explanation P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Explanation Prepaid Insurance P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Explanation Office Equipment P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Accum Depreciation, Office Equipment Explanation P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Date Date Date Explanation Cash P.R. Inventory P.R. DEBIT ACCOUNT NO. ____ CREDIT BALANCE Name Worksheet San Antonio Outfitters Work Sheet For Month Ended December 31, 2013 Account Titles Cash Accounts Receivables Prepaid Insurance Office Equipments Furniture & Fixtures Accumulated Depreciation OE Inventory Building Land Land Improvements Accounts Payable Notes Payable Interest Payable San Antonio Capital San Antonio Withdrawls Revenue Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Unadjusted Trial Balance Dr. Cr. 3,394,380 2,129,500 42,300 119,300 Adjustments Dr. Cr. 3,000,000 6,405,000 455,000 145,000 Adjusted Trial Balance Dr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 100,000 720,000 Cr. Income Statement Dr. Cr. 11,750 5,473,512 100,000 505,000 104,410 600,000 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 2,541,700 3,000,000 180,658 2,541,700 10,450 10,450 6,144,100 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 654,500 4,250 71,410 7,500 32,400 11,970 107,145 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 9,401,960 9,401,960 9,685,657 9,685,658 12,582,617 12,582,618 Net Income Difference in rounding off 1 889,175 6,144,100 5,254,925 6,144,100 6,144,100 Balance Sheet & Statement of Owner's Equity Dr. Cr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 7,786,175 11,682,992 11,682,992 0 Name Income Statement San Antonio Outfitters Income Statement For Year Ended December 31, XXXX Revenue Expenses: Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Total Expenses Net Income $6,144,100 $654,500 $4,250 $71,410 $7,500 $32,400 $11,970 $107,145 889,175 $5,254,925 San Antonio Outfitters Statement of Changes in Owner's Equity For Year Ended December 31, XXXX Balance on April 1 Net Income Withdrawls Balance on Dec. 31 $2,541,700 5,254,925 10,450 7,786,175 San Antonio Outfitters Balance Sheet December 31, XXXX Name Post Closing Trial Balance San Antonio Outfitters Post-Closing Trial Balance 12/31/XXXX Debit Cash -$10,620 Accounts Receivables $2,129,500 Prepaid Insurance $42,300 Office Equipments $574,300 Furniture & Fixtures $145,000 Accumulated Depreciation OE Inventory 2,104,000 Building 5,473,512 Land 720,000 Land Improvements 505,000 Accounts Payable Notes Payable Interest Payable San Antonio Capital Totals $11,682,992 Credit $11,750 104,410 3,600,000 180,658 7,786,175 $11,682,992 Interest Payable on old notes Payable 36000 Interest Payable on new notes payable Interest to be capitalized 1200000 151 days 1500000 91 days 300000 59 days Interest expenses Total Interest expenses Total interest payable 144658 39715 29918 3879 73512 71145 107145 180658 6 30 31 31 30 31 30 31 1 31 31 30 30 30 29 29 29 30 31 220 151 91 59 Name San Antonio Outfitters Land Account 12/31/XXXX 800,000 ### Land Cash Notes payable to record the acquistion of land Totals 200,000 600,000 800,000 Name General Journal GENERAL JOURNAL Date 28-Mar 1-May 30-May 30-Jul 1-Sep 1-Oct 30-Nov 30-Nov 31-Dec Account Titles and Explanation P. R. Land Cash Notes payable to record the acquistion of land Cash Note payable to record the note payable Building Cash to record construction costs Building Cash to record construction costs Building Cash to record construction costs Building Cash to record construction costs Equipment Office Furniture Notes payable to record equipment and furniture purchase Building Cash to record parking lot construction and landscaping Interest expense Interest payable to record interest expense on notes payable in 2014 Debit 800,000 Credit 200,000 600,000 3,000,000 3,000,000 1,200,000 1,200,000 1,500,000 1,500,000 900,000 900,000 1,800,000 1,800,000 455,000 145,000 600,000 285,000 285,000 172,000 172000 Name General Ledger GENERAL LEDGER Date ### cash cash Explanation Cash P.R. DEBIT 3,394,380 509,380 ACCOUNT NO. ____ CREDIT BALANCE Accounts Receivable Date Explanation P.R. DEBIT ### accounts receivable 2,129,500 accounts receivable 2,129,500 ACCOUNT NO. ____ CREDIT BALANCE Date Explanation ### Prepaid Insurance Prepaid Insurance Prepaid Insurance P.R. DEBIT 42,300 42,300 ash BALANCE Date Explanation ### office equipment office equipment Office Equipment P.R. DEBIT 119,300 264,300 Accum Depreciation, Office Equipment Date Explanation P.R. DEBIT ### Accumulated depreciation accumulated depreciation Date ### Inventory Inventory Explanation Inventory P.R. DEBIT 2,104,000 2,104,000 CREDIT ACCOUNT NO. ____ CREDIT BALANCE ACCOUNT NO. ____ CREDIT BALANCE 4,250 11,750 ACCOUNT NO. ____ CREDIT BALANCE Name Worksheet San Antonio Outfitters Work Sheet For Month Ended December 31, 2013 Account Titles Cash Account receivable Prepaid Insurance Office equipment Equipment Accumulated Depreciation Inventory Building Land Accounts payable Interest payable Notes payable San Antonio, Capital San Antonion, Withdrawals Revenue Wages Expense Depreciation expense Office Equ Equipment Rental expense Office supplies expense Advertising expense Repairs expense Unadjusted Trial Balance Dr. Cr. 3,394,380 264,300 2,129,500 42,300 119,300 455,000 11,750 2,104,000 100,000 720,000 704,410 Adjustments Dr. Cr. 2,885,000 Adjusted Trial Balance Dr. 509,380 2,129,500 42,300 264,300 455,000 11,750 5,685,000 800,000 2,104,000 5,785,000 1,520,000 704,410 600,000 2,541,700 3,600,000 10,450 4,200,000 2,541,700 10,450 6,144,100 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 9,856,960 Cr. Income Statement Dr. Cr. 654,500 4,250 71,410 7,500 32,400 11,970 ### 264,300 ### 12,882,660 13,601,960 654,500 4,250 71,410 7,500 32,400 11,970 782,030 Balance Sheet & Statement of Owner's Equity Dr. Cr. 509,380 2,129,500 42,300 264,300 455,000 11,750 2,104,000 5,785,000 1,520,000 704,410 172,000 4,200,000 2,541,700 10,450 6,144,100 12,819,930 13,773,960 Name Income Statement Revenue Total Revenue San Antonio Outfitters Income Statement For Year Ended December 31, XXXX Expenses 6,144,100.00 6,144,100 Depreciation expense-equipment Office Supplies expense Repairs expense Interest expense Wages expense Advertising expense Equipment rental expense 4,250 7,500 11,970 172,000 654,500 32,400 71,410 Total Expenses Net Income 954,030 5,190,070 San Antonio Outfitters Statement of Changes in Owner's Equity For Year Ended December 31, XXXX Beginning Balance 2,541,700 Add: Net Income 5,190,070 Less: Withdrawals -10,450 Ending Balance 7,721,320 San Antonio Outfitters Balance Sheet December 31, XXXX Assets Name Post Closing Trial Balance San Antonio Outfitters Post-Closing Trial Balance 12/31/XXXX Debit $509,380 2,129,500 42,300 455,000 264,300 Cash Accounts receivable Prepaid insurance Equipment Office Equipment Accumulated Depreciation, Office Equipment Inventory Building Land Accounts payable Interest payable Notes payable San Antonio, capital San Antonio, withdrawal Revenue Wages Expense Depreciation expense, office equipment Interest expense Equipment rental expense Office supplies expense Advertising expense Repairs expense Totals Totals Credit $11,750 2,104,000 5,785,000 1,520,000 704,410 172,000 4,200,000 2,541,700 10,450 6,144,100 654,500 4,250 172,000 71,410 7,500 32,400 11,970 $13,773,960 $13,773,960 Interest Payable on old notes Payable 36000 Interest Payable on new notes payable Interest to be capitalized 1200000 151 days 1500000 91 days 300000 59 days Interest expenses Total Interest expenses Total interest payable 144658 39715 29918 3879 73512 71145 107145 180658 6 30 31 31 30 31 30 31 1 31 31 30 30 30 29 29 29 30 31 220 151 91 59 Name San Antonio Outfitters Land Account 12/31/XXXX 800,000 28-Mar Land Cash Notes payable to record the acquistion of land Totals 200,000 600,000 800,000 Name General Journal GENERAL JOURNAL Date 28-Mar 1-May 30-May 30-Jul 1-Sep 1-Oct 30-Nov 30-Nov 31-Dec Account Titles and Explanation P. R. Land Cash Notes payable to record the acquistion of land Cash Note payable to record the note payable Building Cash to record construction costs Building Cash to record construction costs Building Cash to record construction costs Building Cash to record construction costs Equipment Office Furniture Notes payable to record equipment and furniture purchase Building Cash to record parking lot construction and landscaping Interest expense Interest payable to record interest expense on notes payable in 2014 Debit 800,000 Credit 200,000 600,000 3,000,000 3,000,000 1,200,000 1,200,000 1,500,000 1,500,000 900,000 900,000 1,800,000 1,800,000 455,000 145,000 600,000 285,000 285,000 172,000 172000 Name General Ledger GENERAL LEDGER Date ### cash cash Explanation Cash P.R. DEBIT 3,394,380 509,380 Accounts Receivable Date Explanation ### accounts receivable accounts receivable P.R. DEBIT 2,129,500 2,129,500 Date Explanation ### Prepaid Insurance Prepaid Insurance Prepaid Insurance P.R. DEBIT 42,300 42,300 Date Explanation ### office equipment office equipment Office Equipment P.R. DEBIT 119,300 264,300 Accum Depreciation, Office Equipment Date Explanation P.R. DEBIT ### Accumulated depreciation accumulated depreciation Date ### Inventory Explanation Inventory P.R. DEBIT 2,104,000 ACCOUNT NO. ____ CREDIT BALANCE ACCOUNT NO. ____ CREDIT BALANCE CREDIT ash BALANCE ACCOUNT NO. ____ CREDIT BALANCE ACCOUNT NO. ____ CREDIT BALANCE 4,250 11,750 ACCOUNT NO. ____ CREDIT BALANCE Inventory 2,104,000 Name Worksheet San Antonio Outfitters Work Sheet For Month Ended December 31, 2013 Account Titles Cash Accounts Receivables Prepaid Insurance Office Equipments Furniture & Fixtures Accumulated Depreciation OE Inventory Building Land Land Improvements Accounts Payable Notes Payable Interest Payable San Antonio Capital San Antonio Withdrawls Revenue Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Unadjusted Trial Balance Dr. Cr. 3,394,380 2,129,500 42,300 119,300 Adjustments Dr. Cr. 3,000,000 6,405,000 455,000 145,000 Adjusted Trial Balance Dr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 100,000 720,000 Cr. Income Statement Dr. Cr. 11,750 5,473,512 100,000 505,000 104,410 600,000 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 2,541,700 3,000,000 180,658 2,541,700 10,450 10,450 6,144,100 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 654,500 4,250 71,410 7,500 32,400 11,970 107,145 6,144,100 654,500 4,250 71,410 7,500 32,400 11,970 107,145 9,401,960 9,401,960 9,685,657 9,685,658 12,582,617 12,582,618 Net Income Difference in rounding off 1 889,175 6,144,100 5,254,925 6,144,100 6,144,100 Balance Sheet & Statement of Owner's Equity Dr. Cr. -10,620 2,129,500 42,300 574,300 145,000 11,750 2,104,000 5,473,512 720,000 505,000 104,410 3,600,000 180,658 7,786,175 11,682,992 11,682,992 0 Name Income Statement San Antonio Outfitters Income Statement For Year Ended December 31, XXXX Revenue Expenses: Wages Expense Depreciation Expenses OE Equipment Rental Expenses Office Supplies Expenses Advertising Expenses Repairs Expenses Interest Expenses Total Expenses Net Income $6,144,100 $654,500 $4,250 $71,410 $7,500 $32,400 $11,970 $107,145 889,175 $5,254,925 San Antonio Outfitters Statement of Changes in Owner's Equity For Year Ended December 31, XXXX Balance on April 1 Net Income Withdrawls Balance on Dec. 31 $2,541,700 5,254,925 10,450 7,786,175 San Antonio Outfitters Balance Sheet December 31, XXXX Name Post Closing Trial Balance San Antonio Outfitters Post-Closing Trial Balance 12/31/XXXX Debit Cash -$10,620 Accounts Receivables $2,129,500 Prepaid Insurance $42,300 Office Equipments $574,300 Furniture & Fixtures $145,000 Accumulated Depreciation OE Inventory 2,104,000 Building 5,473,512 Land 720,000 Land Improvements 505,000 Accounts Payable Notes Payable Interest Payable San Antonio Capital Totals $11,682,992 Credit $11,750 104,410 3,600,000 180,658 7,786,175 $11,682,992 Interest Payable on old notes Payable 36000 Interest Payable on new notes payable Interest to be capitalized 1200000 151 days 1500000 91 days 300000 59 days Interest expenses Total Interest expenses Total interest payable 144658 39715 29918 3879 73512 71145 107145 180658 6 30 31 31 30 31 30 31 1 31 31 30 30 30 29 29 29 30 31 220 151 91 59