Required Information [The following information applies to the questions displayed below.] On January 1, 2018, the general ledger of Freedom Fireworks includes the following account balances: Accounts Cash Accounts Receivable Inventory Land Debit Credit $ 11,200O 34,000 152,000 67,300 120,000 Buildings Allowance for Uncollectible Accounts Accumulated Depreciation Accounts Payable Common Stock $ 1,80O 9,600 17,700 200,000 155,400 Retained Earnings Totals $384,50O $384,500 Required Information [The following information applies to the questions displayed below.] On January 1, 2018, the general ledger of Freedom Fireworks includes the following account balances: Accounts Cash Accounts Receivable Inventory Land Debit Credit $ 11,200O 34,000 152,000 67,300 120,000 Buildings Allowance for Uncollectible Accounts Accumulated Depreciation Accounts Payable Common Stock $ 1,80O 9,600 17,700 200,000 155,400 Retained Earnings Totals $384,50O $384,500