Novak Corp. prepares quarterly financial statements. The post-closing trial balance at December 31, 2016, is presented below NOVAK CORP Post-Closing Trial Balance December 31, 2016 Debit $23,800 22,000 Credit Cash Accounts Receivable Allowance for Doubtful Accounts Equipment Accumulated Depreciation-Equipment Buildings Accumulated Depreciation-Buildings Land Accounts Payable Common Stock Retained Earnings $1,300 17,000 12,000 103,000 12,000 20,000 12,390 87,000 61,110 $185,800 $185,800