The following list of accounts is from the adjusted trial balance for Sheffield Corporation: Accounts payable $166,160 Equipment $1,171,800 Accounts receivable 231,880 Income tax expense 75,640 Accumulated depreciation-buildings 121,520 Insurance expense 145,080 Accumulated depreciation-equipment 281.480 Inventory 287,680 Advertising expenses 138,880 Land 1,364,000 Buildings 530,720 Loan payable (due in 2 years) 2,418,000 Cash 88,040 Prepaid expenses 35,960 Common shares 285,200 Property tax payable 22.320 Cost of goods sold 1,381,360 Refund liability 26,040 Deferred revenue 39.680 Salaries expense 962,240 Depreciation expense 233,120 Salaries payable 32,240 Sales 3,253,760