The following account balances are for the Agee Company as of January 1, 2015, and December 31, 2015 All figures are denominated in kroner (Kr) December 31, 2015 (23,000) (29,000) 96,000 (37,000) (42,000) (6,700) (56,000)(56,000) 101,000 9,700 (61,000) (73,000) 32,000 49,000 47,000 (7,700) 18,700 (47,000) (47,000) 37,000 0 137,000) 8,000 January1 2015 Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Bonds payable-due 2018 Buildings Cash Common stock Depreciation expense Dividends (10/1/15) Equipment Gain on Rent expense Retained earnings Salary expense Sales Utilities expense 46,000 126,000 52,000 0 sale of building 0 0 Additional Information . Agee issued additional shares of common stock during the year on April 1, 2015. Common stock at January 1, 2015, was sold at the start of operations in 2004 . It purchased buildings in 2005 and sold one building with a book value of Kr 20,000 on July 1 of the current year. Equipment was acquired on April 1, 2015 Relevant exchange rates for 1 Kr were as follows