Required information [The following information applies to the questions displayed below.] Cougar Plastics Company has been operating for three years. At December 31, 2014, the accounting records reflected the following: 19,000 Cash Investments (short-term) Accounts receivable $ 23,000 Accounts payable 4,000 Accrued liabilities payable 3,500 4,800 Notes payable (short- 5,300 term) 47,000 Inventory 26,000 Notes payable (long-term) Notes receivable (long- 10,700 2,000 Common stock term) 96,300 Equipment 53,000 Additional paid-in capital 43,300 Factory building Intangibles 108,000 Retained earnings 4,300 During the year 2015, the company had the following summarized activities: a. Purchased short-term investments for $7,100 cash. b. Lent $5,200 to a supplier who signed a two-year note. c. Purchased equipment that cost $18,000; paid $5,200 cash and signed a one-year note for the balance. d. Hired a new president at the end of the year. The contract was for $94,000 per year plus options to purchase company stock at a set price based on company performance. e. Issued an additional 1,500 shares of $0.50 par value common stock for $18,000 cash. f. Borrowed $15,000 cash from a local bank, payable in three months. g. Purchased a patent (an intangible asset) for $1,200 cash. h. Built an addition to the factory for $26,000; paid $8,900 in cash and signed a three- year note for the balance. i. Returned defective equipment to the manufacturer, receiving a cash refund of $1,900. 4. Prepare a trial balance at December 31, 2015.