Refer to the following table: Following is a random list showing the account balances of various assets, liabilities, revenues, and expenses for Michael's Landscaping at December 31, 2013, the end of its first year of operations. Accounts receivable Accounts payable Salary expense $25,000 3,500 A Repairs expense 4,500 800 Truck Equipment Notes payable Cash Supplies expense Service revenue 8,500 6,300 8,200 6,800 1,600 22,800 Gasoline expense 800 Salary payable 2,200 The owner, Michael Mower, invested $22,600 at the beginning of the year and withdrew $5,000 during the year for personal use. The net income or loss for the year was