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The following are the information for Chun Equipment Co. for 2018. (Hint: Some of the items will not appear on either statement, and ending retained

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The following are the information for Chun Equipment Co. for 2018. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Accumulated depreciation Notes payable (long term) Salvage value of equipment Interest payable (short term) Uncollectible accounts expense Supplies office equipment Interest revenue Sales revenue Dividends Rent expense $122,640 Interest receivable (short term) $820 38,435 86,680 8,260 Cash flow from investing activities (100,940 14,500 51,600 24,190 163,670 60,790 30,730 12,330 60,720 181,105 112,910 52,500 Beginning retained earnings 17,370Operating expenses 2,300Prepaid rent 123,640 Land 7,120 Cash 3,230 Inventory 13,780 Accounts payable 2,740 Interest expense 74,090 Salaries payable 5,940 Unearned revenue 505,880 Cost of goods sold 12,000 Accounts receivable 5,200 Required

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