Pharoah Company, a ski tuning and repair shop, opened on November 1, 2021. The company carefully kept track of all its cash receipts and cash payments. The following information is available at the end of the ski season, April 30,2022. The repair shop equipment was purchased on November 1 and has an estimated useful life of 5 years. Lease payments to the landiord are made at the beginning of each month. The part-time helper is owed $350 at Apriil 30, 2022, for unpaid wages. At April 30, 2022, customers owe Pharoah Company $395 for services they have received but have not yet paid for