Note: You must complete part 1 before part 2. After all of the transactions for the year ended December 31, 2018, had been posted [including the transactions recorded in part (1) and all adjusting entries], the data below were taken from the records of Equinox Products Inc. Unless otherwise stated, assume a December 31 balance after adjusting entries. Income statement data: Advertising expense $150,000 Cost of goods sold 3,700,000 Delivery expense 30,000 Depreciation expense-office buildings and equipment 30,000 Depreciation expense-store buildings and equipment 100,000 Income tax expense 140,500 Interest expense Interest revenue 21,000 30,000 Miscellaneous administrative expense 7,500 Miscellaneous selling expense Office rent expense Office salaries expense Office supplies expense Sales 14,000 50,000 170,000 10,000 Sales commissions Sales salaries expense Store supplies expense 5,313,000 185,000 385,000 21,000