Montauk Oil Company reports these account balances at December $31,$ Year $1$Accounts Payable $ $110,000$Land $200,000$Notes Payable $260,000$Equipment $160,000$Cash $80,000$Accounts Receivable $100,000$Buildings $240,000$Capital Stock $340,000$Retained Earnings $70,000$On January $2,$ Year $2,$ Montauk Oil collected $$50,000$ of its accounts receivable and paid $$20,000$ of its accounts payable.In a trial balance prepared at January $3,$ Year $2,$ the total of the debit column is: