Selected financial information for Sunland as at December 31, 2021, follows: Accounts payable $208,000 Land $105,000 Accounts receivable 190,000 Licences 60,000 Accumulated depreciation-building 77,000 Long-term equity investments 47,000 Building 256,000 Mortgage payable 237,000 Cash 15,500 Notes payable 55,000 Goodwill 35,000 Prepaid expenses 6,900 Interest payable 16,000 Salaries payable 28,500 J. Chrowder, capital 77,400 Supplies 10,000 Unearned revenue 26,500 Additional information: 1. All accounts have normal balances. 2. $17,000 of the mortgage payable will be paid before December 31, 2022. 3. The notes payable are payable on May 17, 2022.