The following is a December 31, 2021, post-closing trial balance for Almway Corporation.

Account Title	Debits					Credits
Cash		$	77,000
Investment in equity securities			142,000
Accounts receivable			76,000
Inventory			216,000
Prepaid insurance (for the next 9 months)			6,000
Land			122,000
Buildings			436,000
Accumulated depreciationbuildings					$	116,000
Equipment			126,000
Accumulated depreciationequipment						76,000
Patent (net)			26,000
Accounts payable						107,000
Notes payable						178,000
Interest payable						36,000
Bonds Payable						256,000
Common stock						348,000
Retained earnings						110,000
Totals		$	1,227,000		$	1,227,000

Additional information:

1. The investment in equity securities account includes an investment in common stock of another corporation of $46,000 which management intends to hold for at least three years. The balance of these investments is intended to be sold in the coming year.
2. The land account includes land which cost $41,000 that the company has not used and is currently listed for sale.
3. The cash account includes $31,000 restricted in a fund to pay bonds payable that mature in 2024 and $39,000 restricted in a three-month Treasury bill.
4. The notes payable account consists of the following:

1. a $46,000 note due in six months.
2. a $66,000 note due in six years.
3. a $66,000 note due in five annual installments of $13,200 each, with the next installment due February 15, 2022.

5. The $76,000 balance in accounts receivable is net of an allowance for uncollectible accounts of $6,000.
6. The common stock account represents 116,000 shares of no par value common stock issued and outstanding. The corporation has 300,000 shares authorized.