Question 1 Presented below is the trial balance of Wildhorse Corporation at December 31, 2017. Debit Credit Cash Sales Debt Investments (trading) (cost, $145,000) $ 201,440 $ 8,102,150 155,150 4,800,000 303,440 281,440 Cost of Goods Sold Debt Investments (iong-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue 92,150 457,150 2,002,150 67,180 262,150 Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable 1,044,440 140,440 98,150 437,150 Accumulated Depreciation-Buildings 152.000 Allowance for Doubtful Accounts Administrative Ex 904.18