Panther Builders, Inc. Adjusted Trial Balance Income Bal. Sheet December 31, 2021 Statement Stmt. Own. Equity Acct Description DR CR Dr. Cr. Dr. Cr. 100 3,310,788.00 3,310,788 10: Accounts Receivable 1,756,720.00 1,756,720 10 Allowance for Doubttil Accounts 35.134.40 Short-term Investments 14,000.00 Fair Value Adjustment-ST 1,500 105 Inventory 933,104.10 103 Prepaid Insurance 43, 750.00 43,750 Supplies 5,016.00 1 10 Available for-sale Investments 483,800.00 11 Fair Value Adjustment-AFS 5,200.00 120 Land 1, 135,000.00 127 Building 3,000,000.00 122 Accumulated Depreciation-Building 346, 154.08 123 Machinery 850,000.00 124 Accumulated Depreciation Machinery 183,300.00 125 Equipment 650,000.00 Accumulated Depreciation Equipment 203, 923.85 12 Truck 56,500.00 128 Accumulated Depreciation Truck 48, 186.56 130 Right-of-use Asset 500,000.00 175 Patents 55,000.00 201 Accounts Payable 207 Salaries Payable 1,722.000.00 203 Utilites Payable 7.000.00 204 Payroll Taxes Payable 33,990.00 205 Interest Payable 50.750.00 200 Dividends Payable 350,000.00 Note Payable -short term 150.000.00 Income Tax Payable 190,247.00 220 Lease Liability 417,250.00 221 Note Payable -long term 454,500.00 225 Bond Payable 2,500,000.00 226 Discount on Bond Payable 128,224.00 Common Stock, $1 par, $1M shares