The following information applies to the questions displayed below.) Valley Company's adjusted trial balance on August 31, 2015, its fiscal year-end, follows. $ 38,500 154,000 Other (n Total liabilities K. Valley, Capital K. Valley. Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold Sales salaries expense assets $ 44,468 127081 263,340 4,029 17,380 101,850 36,078 space Store supplies expense Office salaries expense Office supplies expense Totals 3160 22,384 32,918 3,160 1,053 expense Office space $434,889 $434,889 On August 31, 2014, merchandise inventory was $31,070. Supplementary records of merchandising activities for the year ended August 31, 2015, reveal the folowing itemized costs s 113190 2,377 5,433 3,900 e cost of merchandise purchases Purchase discounts recelved Purchase returns and allowances Costs of transportation-in