Required information [The following information applies to the questions displayed below.] One Product Corporation (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31, at the end of its first year of operations, were: Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Prepaid Rent Equipment $ 19,500 8,250 885 12,060 1,600 25,000 Accumulated Depreciation Accounts Payable Sales Tax Payable FICA Payable Withheld Income Taxes Payable Salaries and Wages Payable Unemployment Tax Payable 2,400 500 600 500 1,600 300 Deferred Revenue 4,500 Interest Payable 495 Notes Payable (long-term) 22,000 Common Stock 13,300 Additional Paid-In Capital, 19,210 Common Retained Earnings 4,120 Treasury Stock 4,000 The following information is relevant to the first month of operations in the following year: