Josh and Kelly McKay began operations of their furniture repair shop (Furniture Refinishers, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2017, was as follows: Debit 9,000 8,000 3,000 12,000 Account Tities Credit Cash Accounts receivable Supplies Small tools Accumulated depreciation (on equipment) Other assets (not detailed to simplify) Accounts payable Notes payable Wages payable Interest payable Income taxes payable Unearned revenue Common stock (60,000 shares, $0.10 par value) 6,000 10,000 n capital Retained e 13,000 Depreciation expense Remaining expenses (not detailed to simplify) 38,000