Problem 5-4A Wolford Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance. Accounts Payable $ 39,664 Accounts Receivable 25,456 Accumulated Depreciation-Equipment 100,640 Cash 11,840 Common Stock 51,800 Cost of Goods Sold 909,164 Freight-Out 9,176 Equipment 232,360 Depreciation Expense 19,980 Dividends 17,760 Gain on Disposal of Plant Assets 2,960 Income Tax Expense 14,800 Insurance Expense 13,320 Interest Expense 7,400 Inventory 38,776 Notes Payable 64,380 Prepaid Insurance 8,880 Advertising Expense 49,580 Rent Expense 50,320 Retained Earnings 21,016 Salaries and Wages Expense 173,160 Sales Revenue 1,337,920 Salaries and Wages Payable 8,880 Sales Returns and Allowances 29,600 Utilities Expense 15,688 Additional data: Notes payable are due in 2021