Listed in alphabetical order, the following selected items (in thousands) were taken from Sheridan Information Technology Companys December 31, 2021, financial statements:

1. Accounts payable $840

2. Accounts receivable 930

3. Cash 3,500

4. Consulting revenue 15,400

5. Equipment 6,400

6. Interest expense 710

7. Rent expense $4,780

8. S. Sheridan, capital, Jan. 1 6,650

9. S. Sheridan, drawings 3,670

10. Salaries expense 3,180

11. Utilities expense 470