On August 1, 2022, 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, 2023, Jay Grey, the owner, finalized the companys records, which showed the following items. Accounts payable $ 11,200 Accounts receivable 60,000 Jay Grey, capital, July 31, 2022* 81,100 Jay Grey, withdrawals 55,000 Cash 7,400 Furniture 15,000 Interest expense 3,900 Notes payable 38,000 Workout equipment 21,000 Prepaid rent 5,800 Rent expense 23,000 Personal training revenue 6,100 Group training revenue 158,000 Supplies 4,200 Supplies expense