Liberty Company operates two stores-the home office store and the Maywood branch. On December 31, 2003, the Maywood branch account on the home office books has a balance of $340,000. On this same date, the Maywood branch books show a home office account balance of $319,000. Both stores use a standard 120% markup on cost. However, Liberty's home office ships mer- chandise to the Maywood branch at cost. Maywood's ending inventory includes $20,000 of mer- chandise received from the home office. Maywood remitted $15,000 to the home office on December 30, 2003. However, the check was not delivered until January 5, 2004. The home office allocated $5,000 general expenses to the Maywood branch, but this expense allocation had not been recorded by the Maywood branch at year end. Maywood paid $2,000 for advertising "after Christmas" sales that were to be allocated equally between the two stores. The home office has not recorded its share of this expense. REQUIRED: Prepare a reconciliation of the home office and branch accounts