sugawa Nursery, a retailer of garden plants and supplies, had the accompanying balance sheet accounts on December 31, 20XO: Assets Cash Accounts receivable Merchandise inventory Prepaid rent Store equipment Less: Accumulated Liabliltles and Stockholders' Equity $116,000 40,000 79,000 24,000 Accounts payable* 40,000 Paid-in capital 131.000 Retained earnings 4,000 $60,000 24.000 36.000 depreciation Total S235,000 Total $235.000 For merchandise only Following is a summary of aggregate transactions that occurred during 20X1: a. Purchases of merchandise inventory on open account, $550,000. b. Sales, all on credit, $810,000 c. Cost of merchandise sold to customers, $536,000 d. Disbursed $25,000 for the rent of the store. Add to Prepaid Rent e. Disbursed $165,000 for wages through November. f. Disbursed $75,000 for miscellaneous expenses such as utilities, advertising, and legal help (Debit Miscellaneous Expenses.)