The following selected accounts from Sandhill Corporation's general ledger are presented below for the year ended December 31, 2024: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Commonshares Cost of goods sold Deferred revenue Depreciation expense Equipment Income tax expense Insurance expense Inventory Prepaid expenses Retained earnings $97,500 177,600 687,600 14,400 360,000 2,310,000 20,100 333,600 1,996,800 158,400 153,600 448,800 54,000 811,200