The adjusted trial balance of Concord Company and other related information for the year 2020 are presented as follows. CONCORD COMPANY ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $ 42,500 Accounts Receivable 165,000 Allowance for Doubtful Accounts $ 8,910 Prepaid Insurance 6,110 Inventory 210,000 Equity Investments (long-term) 340,500)