Sunny Technologies Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019, and 2020 is shown below along with some other information. Sunny Technologies Inc. Income Statement For Year Ended December 31, 2020 Revenues Sales Cost of goods sold Gross Profit Expenses and other: Other expenses Depreciation expense Total operating expenses Operating Profit (Loss) Loss on sales of plant Assets Profit (Loss) $627,600 483,600 144,000 $ 155,600 26,000 181,600 (37,600) 21,200 (58,800) Sunny Technologies Inc. Post-Closing Trial Balance December 31 Account 2020 2019 Cash $63,200 $76,840 Receivables 42,400 30.000 Merchandise inventory 27,600 35,600 Property, plant and equipment 230,00 190,440 Accumulated depreciation 64,400 53,200 Accounts payable 50,720 62,400 Accrued liabilities 11,600 6,000 Notes payable 97,640 40,040 Common shares Retained earnings 49,640 ,000 90,000 163,240