Jogur Pusbas Campeny has been operating for trvee yenn. A December 31 of inst yeat, the accourting rocerds refectied the fatowthy Duthg the carrent yex the compary had the following summintzed acturies: a. Purchased shonterm investinents for 38000cash 6. Lent $5,900 to a supplies, who sagned ie twoyear note. baliance. a. Hered a new presidient at the end of the yeac. The carntract was for $76,000 per year plus optors to muchase company strock at a set price based on compary pertormance The new president beghs her pestion on Jinuiny 1 of next yeer. t. Borroved $12,000 cash from e local bank, paghable in three months. 9. Puchased a patert (an intangible assept for $2,200 cash. h. Built an add bon to the factory for $29.000, paid $.6.500 m cash and signed a three-year note for the balance. I. Resumed defective equipment to the mainutactures, receiving a cash refund of $2,700. Requtred: 4. Prepare a that batance at December 31 of the curreat year