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The following trial balance of Carla Vista Coat December 31, 2020 has been properly adjusted except for the income tax expense adjustment. Carla Vista Co

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The following trial balance of Carla Vista Coat December 31, 2020 has been properly adjusted except for the income tax expense adjustment. Carla Vista Co Trial Balance December 31, 2020 CE 5 873000 2695000 2007000 7561000 Cash Accounts receivable (not) Inventory Property, plant, and equipment (net) Accounts payable and accrued liabilities Income taxes payable Deferred income tax lability Common stock Additional paid in capital Retained earnings, 1/1/20 Net sales and other revenues Costs and expenses Income tax expenses 1765000 654000 84000 2355000 3676000 3571000 12300000 11160000 529000 524905000 524905000 Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of 5147500. The last payment is due December 29, 2022 In Carla Vista's December 31, 2020 balance sheet, The current liables totalis Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of $147500. The last payment is due December 29, 2022 In Carla Vista's December 31, 2020 balance sheet, The current liabilities totalis $1974000 52503000 02419000 $1909000

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