Prior Year Current Year Category Accounts payable ??? ??? Accounts receivable 320,715 397,400 Atte Accruals 40,500 33,750 Additional paid in capital 500,000 541,650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 431,421.00 33,750 35,000 Current portion long-term debt Depreciation expense 54,000 55,987.00 Interest expense 40,500 41,298.00 Inventories 279,000 288,000 337,446.00 399,452.00 Long-term debt Net fixed assets 946,535 999,000 162,000 Notes payable 148,500 Operating expenses (excl. depr.) 126,000 Retained earnings 306,000 161,264.00 342,000 Sales 639,000 849,207.00 Taxes 24,750 48,252.00 What is the entry for the current year's taxes on a common-sized income statement