The following is the ending balances of accounts at December 31, 2019 for the Valley Pump. Account Title Debits Credits Cash 26,000 Accounts receivable 58,000 Inventories 83,000 Interest payable 11,000 Dividends 10,000 Marketable securities 46,000 Land 122,000 Buildings 305,000 Accumulated depreciation-buildings 101,000 Equipment 77,000 Accumulated depreciation-equipment 26,000 Copyright (net of amortization) 13,000 Prepaid expenses (next 12 months) 33,000 Rent expense 5,000 Salaries expense 50,000 Depreciation expense 20,000 Service revenue 132,000 Accounts payable Deferred revenues (next 12 months) Notes payable Allowance for uncollectible accounts Common stock 66,000 21,000 255,000 6,000 210,000 Retained earnings 20,000 Totals 848,000 848,000