The trial balance of the Ivanhoe Company shown below does not balance. IVANHOE COMPANY Trial Balance June 30, 2022 Debit Credit Cash $6,700 Accounts Receivable 8,200 Supplies 450 Equipment 9,000 Accounts Payable $13,200 Common Stock 2,198 Dividends 1,850 Service Revenue 17,800 Salaries and Wages Expense 3,900 Maintenance and Repairs Expense 2,100 Totals $32,200 $33,198 An examination of the ledger and journal reveals the following errors: 1. Each of the above listed accounts has a normal balance per the general ledger. 2. Cash of $440 received from a customer on account was debited to Cash $590 and credited to Accounts Receivable $590. 3. Dividends of $330 paid to stockholders were posted as a credit to Dividends, $330, and a credit to Cash $330. 4. Salaries and Wages Expense of $330 was omitted from the trial balance. 5 The purchase of equipment on account for $780 was recorded as a debit to Maintenance and Repairs Expense and a credit to Accounts Payable for $780. 6. Services were performed on account for a customer, $560, for which Accounts Receivable was debited $560 and Service Revenue was credited $56. 7. A payment on account for $205 was credited to Cash for $205 and credited to Accounts Payable for $307. Prepare a correct trial balance. IVANHOE COMPANY Trial Balance V Debit Credit $ $ $ $