Page Shown below is an adjusted trial balance for Sprouts Farmers Market, Inc. for the period ending December 31, 2017 (with the exception of Accumulated Deficit, which shows the balance at December 31, 2016): of 2 - ZOOM ACCOUNT COGS BALANCE $1,264,514 ACCOUNT BALANCE Investments (*) 9,521 Loss on sale of equipment 993 Note Receivable (") 45,156 Selling, general and administrative Accumulated Deficit (*) 20,351 expenses 93,495 Accumulated Depreciation 94,034 Inventory 98,382 Accounts Payable 82,721 Interest income 562 Prepaid Advertising (*) 6,535 Property and equipment (gross) 393,200 Intangible Assets (net) 196,772 Goodwill 408,078 Common stock 126 Sales Revenue 1,794,823 Amortization of trademarks 4,937 Accounts Receivable (gross) 9,015 Cash and cash equivalents 67,211 Additional paid-in-capital 435,480 Allowance for doubtful accounts 600 Accumulated other 2,000 comprehensive income Interest Expense 35,488 Direct store expenses Accrued salaries 368,323 48,958 Loans from Bank (*) 584,802 (*) Additional information: The note receivable is structured such that Sprouts will receive the balance in two equal annual equal installments with the first payment to be received on August 1, 2018 and the second installment on August 1, 2019. Management intends to hold onto the company's investments until December 2019 at which point the investments will be sold. The company paid out $10,000 in dividends to its shareholders in 2017. Almost all of the loans from the banks are due in 3 years or more with the exception of a 90-day line of credit that has a balance of $5,167 on December 31, 2017. Prepaid advertising is for newspaper marketing services that will be provided over the first eight-months of 2018. The company had 97,000 common shares outstanding on January 1, 2017. It issued an additional 46,000 common shares on July 1, 2017. Sprouts has a 43.91% income tax rate Sprouts incurred aggregate losses since its inception, which resulted in an Accumulated Deficit at the end of 2016.