The following three accounts appear in the general ledger of Carla Vista Co. during 2017 Equipment Date Jan. 1 July 31 Sept. 2 Nov. 10 Debit Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold Credit Balance 282,880 406,640 500,344 86,632 413,712 123,760 93,704 Accumulated Depreciation-Equipment Debit Date Jan. 1 Nov. 10 Dec. 31 Balance Accumulated depreciation on equipment sold Depreciation for year Credit Balance 125,528 97,240 49,504 146,744 28,288 Retained Earnings Date Jan. 1 Balance Aug. 23 Dividends (cash) Dec. 3 Net income Debit Credit Balance 185,640 160,888 127,296288,184 24,752