These items are taken from the financial statements of Sandhill Co. for 2025. Retained earnings (beginning of year) $35,530 Utilities expense 2,150 Equipment 62,100 Accounts payable 13,960 Cash 11,750 Salaries and wages payable 6,280 Common stock 23,000 Dividends 12,000 Supplies 3,400 Debt investment (long-term) 6,600 Trademarks 2,700 Service revenue 71,600 Prepaid insurance 6,780 Maintenance and repairs expense 1,650 Depreciation expense 3,320 Accounts receivable 14,150 2,480 Insurance expense 40,540 Salaries and wages expense Accumulated depreciation-equipment 19,250