Required information [The following information applies to the questions displayed below.) Jordan Sales Company has completed the fiscal year ended March 31, 2019. The adjusted trial balance is below. Note: Jordan declared a dividend during the year. When it declared the dividend, it debited a stockholders' equity account called "Dividends Declared". When Jordan prepared the closing entries for the year, this account was reset to zero and its balance was transferred to Retained Earnings. JORDAN SALES COMPANY Trial Balance At March 31, 2019 Account Titles Cash Accounts receivable Office supplies inventory Automobiles (company cars) Accumulated depreciation, automobiles Office equipment Accumulated depreciation, office equipment Accounts payable Income taxes payable Salaries and commissions payable Note payable, long-term Capital stock (par $1; 32,600 shares) Paid-in capital Retained earnings (on April 1, 2018) Dividends declared Sales revenue Cost of goods sold Operating expenses (detail omitted to conserve time) Depreciation expense (on autos and including $400 on office equipment) Interest expense Income tax expense (not yet computed) Totals Debit $ 58,100 Credit 49,000 2,000 34,600 $ 13,600 3,600 700 21,300 0 1,600 32,300 32,600 4,800 7,200 11,500 105,000 32,400 18,700 8,000 1,200 $ 219,100 $219,100