prepare a balance sheet, assuming that the current portion of the note payable is $18,000

Cash $112,300 494,700 Accounts Receivable 67,200 299,300 341,200 22,500 Inventory Estimated Returns Inventory Office Supplies Prepaid Insurance Retained Earnings Dividends Sales Cost of Goods Sold Sales Salaries Expense Advertising Expense Depreciation Expense- Store Equipment $4,111,500 2,378,200 668,800 10,600 8,200 183,900 Office Equipment 247,000 35,800 Miscellaneous Selling Expense 15,700 167,900 Accumulated Depreciation- Office Equipment Store Equipment Accumulated Depreciation- Store Equipment 771,100 Office Salaries Expense 365,100 Rent Expense 247,000 53,900 Accounts Payable 170,900 27,000 Depreciation Expense- Office Equipment Insurance Expense Office Supplies Expense Customer Refunds Payable Salaries Payable Note Payable (final payment due 2024) 16,700 40,000 10,900 9,900 Miscellaneous Administrative Exp. 7,200 360,000 49,600 Common Stock Interest Expense 10,900