The Income Statement and Balance Sheet columns below are from the work sheet of Bleeker Street Bounty for the year ended December 31, 20- Bleeker Street Bounty Work Sheet (partial) For the year ended December 31, 20- Account Title Income Statement Debit Credit Balance Sheet Debit Credit 12,300 Cash 25,000 16,000 1.100 600 1,500 Accounts Receivable Merchandise Inventory Store Supplies Office Supplies Prepaid Insurance Store Equipment Accumulated Depreciation-Store Equipment Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable 66,000 38,000 18,000 10,000 22,300 Salaries Payable 400 Long-Term Notes Payable Carlo Perez, Capital 36,000 50,600 400 36,000 50,600 32,000 17,000 16,000 61,500 SOO 23,000 Salaries Payable Long-Term Notes Payable Cario Perez, Capital Carlo Perez, Drawing Income Summary Sales Sales Returns and Allowances Purchases Purchases Returns and Allowances Purchases Discounts Sales Salary Expense (selling) Office Salary Expense (general) Store Supplies Expense (selling) Office Supplies Expense (general) Insurance Expense (general) Depreciation Expense-Store Equipment (selling) Depreciation Expense-Office Equipment (general) 700 400 9,200 10,500