QUESTTUN 26 The following adjusted trial balance information pertains to Blue Sky Incorporated in the space below. calculate the following amounts 3 points each Debit Credit Accounts payable 300 Accounts receivable 1.500 Accumulated depreciation equipment 1.250 Advertising expense 25 Cash 205 Common stock 2,000 Costs of goods sold 1,800 Depreciation expense 300 Equipment 3.000 Interest expense 20 Interest payable (current) 10 Inventory Notes payable - due in three years 300 Prepaid rent 50 Rent expense 150 Retained earnings 600 Salaries expense 1.200 Salaries payable 40 Sales revenue 4,000 250 1. TOTAL CURRENT ASSETS 2. GROSS PROFIT 3. QUICK RATIO Type your answer on the FIRST THREE LINES below, and show your work below your answer. Paragraph Arial V3 (12pt) E T Y