The following selected account data is taken from the records of Reese Industries for 2019. Assume the perpetual inventory system is used. Sales Merchandise Inventory $643,363 581,620 Sales Discounts 58,040 Interest Expense 3,677 Sales Returns and Allowances 90,232 Interest Revenue 10,268 Cost of Goods Sold 226,598 Rent Expense 15,000 Depreciation Expense-Office Equipment 3,400 Insurance Expense 2,450 Advertising Expense 12,860 Accounts Receivable 100,440 Office Supplies Expense 1,600 Rent Revenue 23,610 Sales Salaries Expense 30,410 Accounts Payable 138,404 Common Stock 59,419 Marketing Expense 32,000