Question 4 of 5 View Policies Current Attempt in Progress -/2 1 The Sunland Corporation reports the following adjusted account balances shown in alphabetical order, at the end of its fecal year February 28, 2021 Accounts payable 12.400 Income tax payable 4700 Accounts receivable 28.700 Imurance expense 2600 Accumulated depreciation-equipment 5,300 Prepaid insurano 2100 Cash 18.000 Rent expense 6000 Common shares 14,010 Retained earnings 19,790 Depreciation expense 4.300 Salaries expeme 46.550 Dividends declared 1.900 Salaries payable 3450 Equipment 24100 Supplies 700 117,500 Fees earned Supplies exe 4,100 Income tax expense 4,700 Utilities expense 2400 During the year ended February 28, 2021, common shares were issued for $5.000 (a)