Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 2021 Account Title Cash Debits Credits $ Accounts receivable 21,000 Raw materials 132,000 25,000 Notes receivable 101,000 Interest receivable Interest payable 4,000 $ 6,000 Investment in debt securities 33,000 Land 51,000 Buildings 1,320,000 Accumulated depreciation buildings Work in process 49,000 Finished goods 90,000 Equipment 302.000 Accumulated depreciation equipment 131,000 Patent (net) 121,000 Prepaid rent (for the next two years) 61,000 Deferred revenue 37.000 Accounts payable 181,000 410,000 Notes payable Restricted cash (for payment of notes payable) 14,000 Allowance for uncollectible accounts 820.000 Sales revenue 451,000 Cost of goods sold 29,000 Rent expense 621,000 Additional Information: 1. The notes receivable, along with any accrued interest are due on November 22, 2022 2. The notes payable are due in 2025. Interest is payable annually 3. The investment in debt securities consist of treasury bills, all of which mature next year 4. Deferred revenue will be recognized as revenue equally over the next two years Next