The following is the ending balances of accounts at December 31, 2018 for the Vosburgh Electronics Corporation. Credits Account Title Cash Short-term investments Accounts receivable Long-term investments Inventories Loans to employees Prepaid expenses (for 2019) Land Building Machinery and equipment Patent Franchise Note receivable Interest receivable Accumulated depreciation- building Accumulated depreciation- equipment Accounts payable Dividends payable (payable on 1/16/19) Interest payable Taxes payable Deferred revenue Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals Debits 91,000 206,000 147,000 47,000 227,000 52,000 28,000 292,000 1,670,000 649,000 164,000 52,000 310,000 24,000 632,000 222,000 201,000 22,000 28,000 52,000 72,000 324,000 20,000 2,048,000 338,000 3,959,000 3,959,000 Additional information: 1. The common stock represents 1.1 million shares of no par stock authorized, 620,000 shares issued and outstanding 2. The loans to employees are due on June 30, 2019 3. The note receivable is due in installments of $62,000, 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 $62,000 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 expire in 2019, the remainder in 2020 June 30, 2021. 5. Deferred revenue represents customer payments for extended service contracts. Eighty percent of these contracts 6. Notes payable consists of two notes, one for $112,000 due on January 15, 2020, and another for $212,000 due on