The following account balances were included in the trial balance of Twain Corporation at June 30, 2020. Sales revenue $1,578,500 Depreciation expens Sales discounts 31,150 Property tax expense Cost of goods sold 896,770 Bad debt expense (se Salaries and wages expense (sales) 56,260 Maintenance and rep Sales commissions 97,600 Office expense Travel expense (salespersons) 28,930 Sales returns and allo Delivery expense 21,400 Dividends received Entertainment expense 14,820 Interest expense Telephone and Internet expense (sales) 9,030 Income tax expense Depreciation expense (sales equipment) 4,980 Depreciation underst Maintenance and repairs expense (sales) 6,200 Dividends declared o Miscellaneous selling expenses 4,715 Dividends declared o Office supplies used 3,450 Telephone and Internet expense (administration) 2,820 The Retained Earnings account had a balance of $337,000 at July 1, 2019. There are 80,000 shares of common stock outstanding.