Smart company has the following Trial Balance at 12/31/2017

Post Closing

Cash........................ 10,000

Accounts Receivables.... 250,000

Allowance Doubtful Accounts.. 20,000

Inventory 200,000

Prepaid Insurance 5,000

Land 15,000

Building 150000

Equipment 300,000

Accumulated Building 40,000

Accumulated Equipment 120,000

Accounts Payable 150,000

Accrued Salaries 25,000

Accrued Taxes 15,000

Notes Payable 5 years

first payment 6/30/2018 125,000

Common Stock 10,000

Additional Paid in Capital 90,000

Retained Earnings 335,000

930,000 930,000

Balance Sheet in good form.