The adjusted trial balance of One Incorporated showed the following at year end:

Debit Credit

Accounts Payable 1,960,000

Accounts Receivable 1,280,000

Accrued Interest - Note A 30,000

Accrued Interest - Note X 200,000

Accrued Interest - Note Y 50,000

Accrued Interest- Note B 24,000

Accumulated Depreciation - Factory Building 325,000

Accumulated Depreciation- Admin. Building 200,000

Accumulated Depreciation of Machinery and Equipment 270,000

Administrative Building 1,000,000

Advances to Customer 148,000

Advances to Supplier 149,000

Allowance for Doubtful Account 58,000

Bonds Payable 2,000,000

Cash 540,000

Cash fund for acquisition of Building 1,500,000

Deferred Tax Liability 115,000

Disposal Group held for sale net of liabilities of 400,000 - 3,700,000

Equipment Held for Sale 1,120,000

Factory Building 1,500,000

Factory Supplies 270,000

Finished Goods Inventory 350,000

Franchise 580,000

Income Taxes Payable 220,000

Land held as future plant site 1,200,000

Machinery and Equipment 900,000

Notes Payable - Note X 1,250,000

Notes Payable - Note Y 2,500,000

Notes Receivable - Note A 600,000

Notes Receivable - Note B 700,000

Ordinary Share Capital, 5 par 3,500,000

Preference share capital, 10%, 1,000 par 1,800,000

Prepaid expenses 85,000

Raw Materials Inventory 440,000

Retained Earnings-Appropriated 640,000

Retained Earnings-Unappropriated 999,000

Share Premium 1,650,000

Sinking Fund for Bond Retirement 500,000

Trading securities 450,000

Treasury Shares 482,000

Unearned Rent Income 186,000

Work in process Inventory 375,000

Total 17,923,000 17,923,000

Additional Information:

-The note payable to X is due next year while the note payable to Y is payable after three years

-The note from A is due in three months while the note from B is due after 15 more months

-The bonds payable will mature after 5 more years

-The treasury shares represents ordinary shares acquired at 20 per share

1. Retained appropriated for contingencies
2. Dividends paid to preference shares amounts to