Sheridan Company is owned by Irina Temelkova. The following information is an alphabetical listing of financial statement items for the company for the year ended May 31, 2024: Accounts payable $49,700 Interest expense $22,700 Accounts receivable 42,400 Investments by owner 7,740 Advertising expense 3,380 Maintenance expense 83,300 Building 123,000 Notes payable 370,000 Cash 27,200 Other expenses 67,700 Equipment 590,000 Prepaid insurance 1,430 I. Temelkova, capital, June 1, 2023 358,430 Revenue 360,900 I. Temelkova, drawings 37,800 Salaries expense 127,300 Insurance expense 2,860 Supplies 17,700 SHERIDAN COMPANY Statement of Owner's Equity Year Ended May 31, 2024 I. Temelkova, Capital, June 1, 2023 $358,430 Add: Investments $7,740 Profit for the year 53,660 61,400 419,830 Less: Drawings 37,800 I. Temelkova, Capital, May 31, 2024 $382,030 SHERIDAN COMPANY Balance Sheet Year Ended May 31, 2024 Assets > > GA $ > EA $ Liabilities and Owner's Equity > GA $ $