On August 1, 2016, Cross Fitness entered its second year of operations. Cross Fitness provides high performance group and personal training courses that have been derived from scientific research and exercises used by professional athletes. On July 31, 2017, Jay-Jay Grey, the owner, finalized the company's records, which showed the following items. Accounts payable S 11,100 Workout equipment S 20,900 Accounts receivable 59,000 Prepaid rent 5,700 Jay-Jay Grey, capital, Rent expense 22,500 July 31, 2016* 81,000 Personal training revenue 5,900 Jay-Jay Grey, withdrawals 54,500 Group training revenue 156,500 Cash 7,300 Supplies 4,100 Furniture 14.900 Supplies expense 17,600 Interest expense 3,800 Utilities expense 11,500 Notes payable 37,000 Wages expense 69,700