LAKE CORPORATION ADJUSTED TRIAL BALANCE DECEMBER 31, 2012 Cash $11,000 Accounts Receivable 7,000 Supplies 3,000 Prepaid Insurance 5,000 Equipment 22,000 Accumulated Depreciation, Equipment $6,000 Accounts Payable 10,000 Common Stock 16,000 Retained Earnings 10,000 Dividends 6,000 Commission Revenue 34,000 Depreciation Expense, Equipment 6,000 Wages Expense 14,000 Insurance Expense 2,000 $76,000 $76,000 Following all closing entries, the trial balance totals will be: Select one: O a. $88,000 O b. $76,000 Oc. $56,000 O d. $48,000 O e. $54,000