The following items are taken from the December 31 financial statements of Scotia Rental Properties, a proprietorship owned by Leo DeRosier. Accounts payable $ 9,320 Accounts receivable 8,600 Building and equipment 246,000 Cash 15,000 DeRosier, drawings 12,000 Insurance expense 3,450 Interest expense 5,905 Interest payable 420 DeRosier, capital, beginning of year 40,695 Mortgage payable 210,000 Other assets 4,500 Prepaid insurance 510 Rental revenue 36,000 Repair expenses 2,300 Telephone expense 680 Wages expense 5,490 Additional information: During the year, L. DeRosier invested $8,000 into the business