[The following information applies to the questions displayed below.] Jordan Sales Company (organized as a corporation on April 1, 2017) has completed the accounting cycle for the second year, ended March 31, 2019. Jordan also has completed a correct trial balance as follows: JORDAN SALES COMPANY Trial Balance At March 31, 2019 Account Titles Cash Accounts receivable Office supplies inventory Automobiles (company cars) Accumulated depreciation, automobiles Office equipment Accumulated depreciation, office equipment Accounts payable Income taxes payable Salaries and commissions payable Note payable, long-term Capital stock (par $1; 32,700 shares) Paid-in capital Retained earnings (on April 1, 2018) Sales revenue Debit Credit $ 58,000 49,500 1,800 34,800 $ 13,600 3,400 1,000 21,400 0 1,300 32,500 32,700 4,300 7,400 Dividends declared and paid during the current year 10,500 103,200 Cost of goods sold 32,200 Operating expenses (detail omitted to conserve tine) 18,400 Depreciation expense (on autos and including $400 on office equipment) 7,500 1,300 Interest expense Income tax expense (not yet computed) $217,400 $217,400 Totals b. Classified balance sheet at the end of the reporting year, March 31, 2019. Include (1) income taxes for the current year in Income Taxes payable and (2) dividends in Retained earnings. (Amounts to be deducted should be indicated by a minus sign.) JORDAN SALES COMPANY Balance Sheet Assets Current Assets Total current assets Total assets Liabilities Current Liabilities. 0 Required information Total assets Current Liabilities Liabilities Total current liabilities Total liabilities Contributed capital Stockholders' Equity Total contributed capital Total stockholders' equity Total liabilities and stockholders' equity Droy Sc 2 m Next