Sunland Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $80,000 Interest Expense $12,100 Prepaid Insurance $3,300 Land $23,800 Short-term investments $9,200 Office salaries $71,100 Common Shares $19,700 Sales Salaries $96,500 Cash $14,000 Supplies expense $18,700 Advertising $48,200 Insurance expense $6,500 Accounts Receivable $19,400 Depreciation expense $15,100 Sales revenue $596,000 Income tax expense $7,300 Accounts Payable $11,700 Dividend Payments $6,800 Buildings (Net) $95,700 Interest Income $11,000 Cost of Goods Sold $303,700 Inventory $19,600 Note Payable (due in 9 months) $12,000 Retained Earnings (Beg Bal-Jan 1) $40,600