Question 3 (40 marks) Westem Vancouver Company has just completed their trial balance for the year of operations ending March 31, 2020 as shown below. $ Office supplies 140 Interest earned 3,370 Office supplies expense 1,220 Patent 600 Commission expense 1,320 Prepaid advertising expense 480 Rent income 10,840 Fumiture 9,200 Interest expense 4,500 Accrued interest expense 374 Cash 3,400 Copyright 6,000 Notes receivable, 2025 28,600 Unearned rent income 800 Investment, due 3 months 2,400 Accrued salary expense 526 Translation services revenue 36,000 Land 22.000 Depreciation expense, building 5,000 Accrued commission income 10,200 Accumulated depreciation, fumiture 700 Advertising expense 5,520 John Wright, capital 149,200 Depreciation expense, furniture 390 Long-term notes payable, 2030 75,000 Utilities expense 7,344 John Wright, withdrawals 1,100 Accounts payable 1,684 Building 125,000 Salaries expense 312,520 Accumulated depreciation, building 5,000 Rent paid 24,600 Additional information: 1. Additional investment made by the owner during the year, $22,000. 2. $8,000 of the Long Term Notes Payable will be paid in 5 months after March 31, 2020. 3. $3,600 of the Notes Receivable will be received by March 31, 2021. Required: Prepare, in good form, a Balance Sheet for the year 2020. ***** END OF EXAMINATION ***** 5