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The following information applies to the questions displayed below$]$

The general ledger of Zips Storage at January $1,2024,$ includes the following account balances:

$\backslash$table$[[$Accounts$,$Debits,Credits$],[$Cash$,$$$25,500,],[$Accounts Receivable,$16,300,],[$Prepaid Insurance,$13,800,],[$Land$,157,000,],[$Accounts Payable,,$$7,60$