The following trial balance of Blossom Company at December 31, 2017 has been properly adjusted except for the income tax expense adjustment.

Blossom Company Trial Balance December 31, 2017
		Dr.			Cr.
Cash		$	876000
Accounts receivable (net)			2692000
Inventory			2088000
Property, plant, and equipment (net)			7564000
Accounts payable and accrued liabilities					$	1769000
Income taxes payable						655000
Deferred income tax liability						86000
Common stock						2343000
Additional paid-in capital						3676000
Retained earnings, 1/1/17						3524000
Net sales and other revenues						13513000
Costs and expenses			11160000
Income tax expenses			1186000
			$25566000			$25566000

Other financial data for the year ended December 31, 2017: Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of $147500. The last payment is due December 29, 2019. The balance in the Deferred Income Tax Liability account pertains to a temporary difference that arose in a prior year, of which $18000 is classified as a current liability. During the year, estimated tax payments of $531000 were charged to income tax expense. The current and future tax rate on all types of income is 30%. In Blossoms December 31, 2017 balance sheet, The current liabilities total is