The following account balances are for the Agee Company as of January 1, 2017, and December 31, 2017. All amounts are denominated in kroner (Kr). January 1, 2017 December 31, 2017 (12,000) 42,000 (33,000) Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Bonds payable-due 2028 Buildings Cash Common stock Depreciation expense Dividends (10/1/17) Equipment Gain on sale of building Rent expense Retained earnings Salary expense Sales Utilities expense (17,000) 92,000 (38,000) (6,300) (52,000) 99,000 9,300 (87,000) 28,000 45,000 43,000 (7,300) 16,300 (43,000) 33,000 (121,000) 6,000 (52,000) 122,000 48,000 (72,000) (43,000) Additional Information o Agee issued additional shares of common stock during the year on April 1, 2017. Common stock at January 1, 2017, was sold at the start of operations in 2010 o Agee purchased buildings in 2011 and sold one building with a book value of Kr 18,000 on July 1 of the current year. o Equipment was acquired on April 1, 2017