These items are taken from the financial statements of Ayayai Corp. at December 31, 2018. Buildings $79,350 Accounts receivable 9.450 Prepaid insurance 3,510 Cash 8,880 Equipment 61,800 Land 45.900 Office expense 435 Income tax expense 150 Depreciation expense 3,975 Interest expense 1950 Common shares 46,500 30,000 Retained earnings (January 1 2018) Accumulated depreciation-building Accounts payable 34,200 6,300 825 Income taxes payable 70.200 Bank loan payable (due July 1, 2020) Accumulated depreciation-equipment 14,040 2,700 Interest payable 10,635 Sales These items are taken from the financial statements of Ayayai Corp. at December 31, 2018. Buildings $79,350 Accounts receivable 9.450 Prepaid insurance 3,510 Cash 8,880 Equipment 61,800 Land 45.900 Office expense 435 Income tax expense 150 Depreciation expense 3,975 Interest expense 1950 Common shares 46,500 30,000 Retained earnings (January 1 2018) Accumulated depreciation-building Accounts payable 34,200 6,300 825 Income taxes payable 70.200 Bank loan payable (due July 1, 2020) Accumulated depreciation-equipment 14,040 2,700 Interest payable 10,635 Sales