The following are the information of Chun Equipment Co. for Year 2. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense $121,620 Interest receivable (short term) $ 540 Common stock 50,500 Beginning retained earnings 44,531 Notes receivable (short term) 16,270 Operating expenses 91,690 Allowance for doubtful accounts 7,600 Accumulated depreciation 41,700 Cash flow from investing activities Prepaid rent (97,630) 14,460 Notes payable (long term) 120,190 Land 51,700 Salvage value of equipment 6,600 Cash 24,260 Interest payable (short term) 2,780 Inventory 164,120 Uncollectible accounts expense 13,100 Accounts payable 57,270 Supplies 2,640 Interest expense 30,270 Office equipment 79,850 Salaries payable 11,150 Interest revenue 5,860 Unearned revenue 61,780 Sales revenue Dividends Rent expense 522,740 Cost of goods sold 187,141 11,600 4,760 Accounts receivable 112,080