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The following account balances were taken from the accounting records of Towing Company for the year ended December 31, 2021: Trademark Notes payable Accounts receivable

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The following account balances were taken from the accounting records of Towing Company for the year ended December 31, 2021: Trademark Notes payable Accounts receivable Equipment Interest revenue Salaries payable Patent Dividends Cost of Goods Sold Accounts payable Inventory Sales revenue Cash Salaries expense Retained earnings Land Income tax expense Common stock Supplies $96,000 $42,000 $85,000 $17,000 $23,000 $19,000 $11,000 $46,000 $81,000 $94,000 $26,000 $31,000 $56,000 (at January 1, 2021) $10,000 $15,000 dditional information I. Total current assets at December 31, 2021 are equal to 45% of total assets at December 31, 2021 2. Total equity at December 31, 2021 is equal to 60% of total liabilities at December 31, 2021 3. Total intangible assets at December 31, 2021 are equal to 40% of total equity at December 31, 2021 Calculate the balance in the common stock account at December 31, 2021 64000.0000

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