Ivanhoe Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $75,500 Interest Expense $5,100 Prepaid Insurance $4,200 Land $22,100 Short-term investments $9,200 Office salaries $66,500 Common Shares $10,400 Sales Salaries $101,300 Cash $2,200 Supplies expense $21,000 Advertising $50,900 Insurance expense $9,600 Accounts Receivable $14,900 Depreciation expense $18,300 Sales revenue $601,600 Income tax expense $14,600 Accounts Payable $15,200 Dividend Payments $9,000 Buildings (Net) $100,800 Interest Income $12,500 Cost of Goods Sold $297,900 Inventory $18,100 Note Payable (due in 9 months) $9,400 Retained Earnings (Beg Bal-Jan 1) $41,100