Question 19 The following trial balance of Reese Corp. at December 31, 2020 has been properly adjusted. Reese Corp Trial Balance December 31, 2020 Cr Dr $875.000 2,695,000 2,085,000 8,269,000 Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable and accrued liabilities Income taxes payable Deferred income tax liability Common stock Additional paid-in capital Retained earnings, 11/20 Net sales and other revenues Costs and expenses Income tax expense $ 1,761,000 654,000 85,000 2,350,000 3,680,000 3,490,000 13.560.000 11,180,000 476,000 $25.550.000 $25.580.000 Other financial data for the year ended December 31, 2020: Included in accounts receivable is $1,200,000 due from a customer and payable in quarterly installments of $150.000. The last payment is due December 29, 2022. . During the year, estimated tax payments of $525,000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Reese's December 31, 2020 balance sheet. The current assets total is 56.180,000 55.655.000 55.505.000. 55.055.000 Moving to another question will save this response