These items are taken from the financial statements of Sandhill Co. for 2022. Retained earnings (beginning of year) $32,020 Utilities expense 2,140 Equipment 62,500 Accounts payable 17,650 Cash 11,330 Salaries and wages payable 5,120 Common stock 23,400 Dividends 12,000 Supplies 3,700 Debt investment (long-term) 5,900 Trademarks 2,200 Service revenue 69,320 Prepaid insurance 5,620 Maintenance and repairs expense 1,660 Depreciation expense 3,180 Accounts receivable 15,140 Insurance expense 2,620 Salaries and wages expense 38,350 Accumulated depreciation-equipment 18,830