On January 1, 2024, Displays Incorporated had the following account balances: From January 1 to December 31 , the following summary transactions occurred: a. Purchased inventory on account for $337,000. b. Sold inventory on account for $605,000. The cost of the inventory sold was $317,000. c. Received $568,000 from customers on accounts receivable. d. Paid freight on inventory received, $31,000. e. Paid $327,000 to inventory suppliers on accounts payable of $332,000. The difference reflects purcl discounts of $5,000. f. Paid rent for the current year, $49,000. The payment was recorded to Rent Expense. g. Paid salaries for the current year, $157,000. The payment was recorded to Salaries Expense. Year-end adjusting entries: a. Supplies on hand at the end of the year are $6,000. b. Accrued interest expense on notes payable for the year. c. Accrued income taxes at the end of December are $25,000. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the information from the requirements above, complete the 'Analysis