Pavlov's Home Renovations was started in 2008 by Jim Pavlov. Jim operates the business from an office in his home. Listed below, in alphabetical order, are the company's assets and liabilities as at December 31, 2024, and the revenues, expenses, and drawings for the year ended December 31, 2024: Accounts payable Accounts receivable Cash Equipment Insurance expense Interest expense J. Pavlov, drawings Notes payable $7,850 10,080 8,250 29,400 3,375 1,195 44,800 30,800 Operating expenses Prepaid insurance Sala