The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 2016 92,000 Cash 450,000 Accounts Receivable Merchandise Inventory 375,000 Office Supplies 10,000 Prepaid Insurance 12,000 office Equipment 220,000 Accumulated Depreciation-Office Equipment 58,000 Store Equipment 650,000 Accumulated Depreciation-Store Equipment 87,500 Accounts Payable 48,500 4,000 Salaries Payable Note Payable (final payment due 2032) 140,000 Gerri Faber, Capital 431,000 Gerri Faber, Drawing 300,000 Sales 8,925,000 Cost of Merchandise Sold 5,620,000 Sales Salaries Expense 850,000