The following is the ending balances of accounts at December 31, 2016, for the Vosburgh Electronics Corporation. Account Title Cash Short-term investments Accounts receivable Long-term investments Inventories Loans to employees Prepaid expenses (for 2017) Land Building Machinery and equipment Patent Franchise Note receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/17) Interest payable Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Debits Credits 93,000 208,000 149,000 48,000 228,000 53,000 29,000 293,000 1,680,000 650,000 165,000 53,000 315,000 25,000 633,000 223,000 202,000 23,000 29,000 53,000 73.000 326,000 21,000 2,052,000 354,000 Totals 3,989,000 3,989,000 Additional information: 1. The common stock represents 1.0 million shares of no par stock authorized, 630,000 shares issued and 3. The note receivable is due in installments of $63,000, payable on each September 30. Interest is payable 4. Short-term investments consist of marketable equity securities that the company plans to sell in 2017 outstanding The nogte ecemae e duetan of $30 payable on each September 30 interest s annually and $63,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2017. Long-term investments consist of marketable equity securities that the company does not plan to sell in the next year 5. Deferred revenue represents customer payments for extended service contracts. Eighty percent of these 6. Notes payable consists of two notes, one for $113,000 due on January 15, 2018, and another for contracts expire in 2017, the remainder in 2018 $213,000 due on June 30, 2019