Intelligent Toys, Inc ("ITI") is a well establish toys trading company which adopts the periodic system. ITI prepares its financial statements on a monthly basis. The adjusted trial balance of ITI as at 30 September 20x1 is presented as follows Accounts Payable Accounts Receivable $ Accumulated Depreciation - Building 150,600 271,160 507,600 ** your answers should include numerals only, no dollar sign ("$"), no comma"," eg five thousand dollars should be input as 5000, otherwise, no marks will be awarded. Accumulated Depreciation - Equipment 389,800 Accumulated Depreciation - Motor vehicle 382,660 Allowance for Doubtful Accounts 27,116 Bad Debt Expense 32,591 Building 6,480,000 Followings are items from the income statement Cash 643,743 for the month ended 30 September 20x1 $ Depreciation Expense - Building 10,800 Net Sales Depreciation Expense - Equipment 9,800 Cost of Good purchased Depreciation Expense - Motor Vehicle 3,420 Cost of Goods available for sale Dividends Payable 335,200 Cost of Goods Sold Equipment 660,000 Gross Profit Freight-in 400 Freight-out 500 Insurance Expense 1,200 Interest Expense 250 Interest Payable 250 Interest Receivable 1,050 Interest Revenue 1,050 Total Operating Expense Operating Profit Net Income Following is items from retained earnings statement the income statement for the month ended 30 September 20x1 $