\\\\table[[Account Title,Debits,Credits],[Cash,

$7,000

,],[Short-term investments,182,000,],[Accounts receivable,123,000,],[Long-term investments,35,000,],[Inventory,215,000,],[Receivables from employees,40,000,],[Prepaid expenses (for 2022),16,000,],[Land,280,000,],[Building,

1,550,000

,],[Equipment,637,000,],[Patent (net),152,000,],[Franchise (net),40,000,],[Notes receivable,250,000,],[Interest receivable,12,000,],[Accumulated depreciation-building,,620,000],[Accumulated depreciation-equipment,,210,000],[Accounts payable,,189,000],[Dividends payable (payable on 1/16/2022),10,000,],[Interest payable,,16,000],[Income taxes payable,,40,000],[Deferred revenue,,60,000],[Notes payable,300,000,],[Allowance for uncollectible accounts,8,000,],[Common stock,,

2,000,000

Additional information: 1. The common stock represents 1 million shares of no par stock authorized, 500,000 shares issued and outstanding. 2. The receivables from employees are due on June 30, 2022. 3. The notes receivable are due in installments of $50,000, payable on each September 30 . Interest is payable annually. 4. Short-term investments consist of securities that the company plans to sell in 2022 and $50,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2022. Long-term investments consist of securities that the compa does not plan to sell in the next year. 5. Deferred revenue represents payments from customer for extended service contracts. Eighty percent of these contracts expire 2022 , the remainder in 2023