Sparrow Company had the following adjusted trial balance at December 31, 2019. Sparrow Company Adjusted Trial Balance December 31, 2019 Debit Credit Cash Accounts Receivable $4,150 5,650 Prepaid Insurance Equipment Accumulated Depreciation, Equipment 4,480 42,000 $24,000 Accounts Payable 3,800 Salaries Payable Unearned Service Revenue Common Stock 4,450 3,875 8,000 Retained Earnings 2,255 Dividends Service Revenue Salaries Expense 10,500 99,600 49,400 Rent Expense 17,250 Insurance Expense 2,200 Depreciation Expense 4,950 Income Taxes Expense 5,400 Totals $145,980 $145,980