Powell Co. borrowed $17,000 from the local bank on April 1, 2014, when the company was started. The note had an 5 percent annual interest rate and a one-year term to maturity. Powell Co. recognized $44,100 of revenue on account in 2014 and $58,900 of revenue on account in 2015. Cash collections from accounts receivable were $39,866 in 2014 and $55,700 in 2015. Powell Co. paid $27,200 of salaries expense in 2014 and $33,900 of salaries expense in 2015. Powell Co. paid the loan and interest at the maturity date. Required a. Organize the information in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings". Round intermediate calculations and your answers to nearest whole dollar amount.)