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The following trial balance of Sandhill Co. at December 31, 2020 has been properly adjusted except for the income tax expense adjustment.

Sandhill Co. Trial Balance December 31, 2020
		Dr.			Cr.
Cash		$	880000
Accounts receivable (net)			2708000
Inventory			2082000
Property, plant, and equipment (net)			7560000
Accounts payable and accrued liabilities					$	1763000
Income taxes payable						660000
Deferred income tax liability						85000
Common stock						2359000
Additional paid-in capital						3682000
Retained earnings, 1/1/20						3494000
Net sales and other revenues						12875000
Costs and expenses			11170000
Income tax expenses			518000
			$24918000			$24918000

Included in accounts receivable is $1200000 due from a customer and payable in quarterly installments of $150000. The last payment is due December 29, 2022. In Sandhills December 31, 2020 balance sheet, The current assets total is

$5070000.

$5670000.

$6188000.

$5520000.