Tempe Corporation's capital structure consists of 90,000 shares of common stock. The December 31, 2016 account balances are listed below (except as noted). All adjusting entries have been made except for the accrual of taxes (20% tax rate). 1,352,500 19,000 681,000 75,000 124,000 65,000 95,000 180,000 157,000 7,500 Purchase Discounts Purchases Loss on Discontinued Operations Selling Expenses Accounts Receivable Common Stock Accumulated Depreciation Dividend Revenue Inventory, January 1, 2016 Unearned Service Revenue Accrued Interest Payable Retained Earnings, January 1, 2016 Interest Expense General and Administrative Expenses Dividends Declared Allowance for Doubtful Accounts Notes Payable (maturity 7/1/20) Machinery and Equipment Office Supplies Accounts Payable Inventory, December 31, 2016 1,500 268,000 75,000 286,000 15,000 143,000 25,000 5,700 175,000 495,000 50,000 79,000 114,000