Sunny Technologies Inc. began operations on January 1, 2022. Its post-closing trial balance at December 31, 2022 and 2023 is shown below along with some other information.

Sunny Technologies Inc.
Income Statement
For Year Ended December 31, 2023
Revenues:
Sales				$	627,300
Cost of goods sold					483,300
Gross Profit					144,000
Expenses and other:
Other expenses	$	155,300
Depreciation expense		25,700
Total operating expenses					181,000
Operating Profit (Loss)					(37,000	)
Loss on sales of plant assets					20,900
Profit (Loss)				$	(57,900	)

Sunny Technologies Inc.
Post-Closing Trial Balance
	December 31
Account	2023	2022
Cash	$	62,600		$	76,810
Receivables		41,800			30,500
Merchandise inventory		27,300			35,300
Property, plant and equipment		230,500			190,410
Accumulated depreciation		64,100			52,900
Accounts payable		49,880			62,400
Accrued liabilities		11,300			6,500
Notes payable		97,610			40,010
Common shares		49,610			8,000
Retained earnings		89,700			163,210

Other information regarding Sunny and its activities during 2023:

1. Assume all accounts have normal balances.
2. Cash dividends were declared and paid during the year.
3. Plant assets were sold during the year.
4. Plant assets worth $99,300 were purchased during the year by paying cash of $32,100 and issuing a long-term note payable for the balance.