The following is the ending balances of accounts at December 31, 2016, for the Vosburgh Electronics Corporation Debits credits Account Title Cash 93,000 208,000 Short-term investments 149,000 Accounts receivable Long-term investments 48.000 228,000 Inventories 53,000 Loans to employees 29,000 Prepaid expenses (for 2017) 293,000 Land 1,680,000 Building 650,000 Machinery and equipment 165,000 Patent Franchise 53,000 Note receivable 315.000 Interest receivable 25.000 633,000 Accumulated depreciation-building 223,000 Accumulated depreciation-equipment 202,000 Accounts payable Dividends payable (payable on 1/16/17) 23.000 Interest payable 29.000 Taxes payable 53,000 Deferred revenue 73.000 326,000 Notes payable Allowance for uncollectible accounts 21,000 Common stock 2,052,000 Retained earnings 354,000 3,989,000 3,989,000 Totals