Selected Income Statement Account Balances for the Years Ended December 31, Year 3 and Year 2 respectively: Consulting Revenues Year 2 Year 3 BB $400 Rent Revenues $90 LL Salaries Expense $60 $105 Utilities Expense 110 60 Insurance Expense 45 40 Rent Expense 60 35 Selected Balance Sheet Account Balances at December 31, Year 3, Year 2 and Year 1, respectively: Year 1 Year 2 Year 3 Accounts Receivable $100 AA $120 Rent Receivable 30 75 60 Prepaid Salaries 35 10 20 Prepaid Insurance HH 5 GG Prepaid Rent 70 10 50 Salaries Payable $60 $50 $40 Utilities Payable 10 FF 45 Rent Payable 55 JJ 15 Unearned Rent Revenue 30 60 50 Selected Additional Information Related to Cash Flows for the Years Ended December 31, Year 3 and Year 2, respectively: Year 2 Year 3 Cash collected from clients $410 $380 Cash collected from tenants MM 100 Cash paid for salaries DD CC Cash paid for utilities EE 75 Cash paid for insurance 45 35 Cash paid for rent 40 75 Year 2 Accounts Receivable Year 2 Consulting Revenues AA-100 BB- Year 3 Cash Paid for Salaries Year 2 Cash Paid for Salaries Year 2 Cash Paid for Utilities CC-125 DD-45 EE- December 31, Year 2 Utilities Payable December 31, Year 3 Prepaid Insurance December 11, Year 1 Prepaid Insurance December 31, Year 2 Rent Payable Year 3 Rest Revenues FFM GG- HH- 31 => LL- Year 2 Cash Collected from Tenants M