The following is the ending balances of accounts at December 31, 2018 for the Vosburgh Electronics Corporation. Cash 71,000 186,000 127,000 37,000 217,000 42,000 18,000 282,000 ,570,000 639,000 154,000 42,000 260,000 14,000 Short-term inveatmenta Accounta receivable Long-term investment Inventorien Loans to employeen Prepaid expenses (for 2019) Land Building Machinery and equipment Patent Pranchise Note receivable Interest receivable Accumulated depreciation-building Accumulated depreciation-equipment Accounts payable Dividends payable (payable on 1/16/19) Interest payable Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts 622,000 212,000 191,000 12,000 18,000 42,000 62,000 304,000 10,000 2,008,000 178,000 Common stock Retained earning Totals 3,659,000 3,659,000 Additional information: 1. The common stock represents 1.2 million shares of no par stock authorized, 520,000 shares issued and outstanding. 2. The loans to employees are due on June 30, 2019. 3. The note receivable is due in installments of $52,000, payable on each September 30. Interest is payable annually 4. Short-term investments consist of marketable equity securities that the company plans to sell in 2019 and $52,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2019. 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 contracts expire in 2019, the remainder in 2020. Notes payable consists of two notes, one for $102,000 due on January 15, 2020, and another for $202,000 due on June 30, 2021. 6. c U no.1 ELECTRONICS CORI ORATION Balance Sheet 31, 2018 Prev1 of 3I