This is the balance sheet I'm wondering if this is correct or am I missing something?

The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31, 20X2: Cash $ 3,995 Accounts Receivable 13,240 Allowance for Doubtful Accounts 120 InventoryApril 1, 20X1 22,800 Prepaid Insurance 360 Supplies on Hand 520 Equipment 15,000 Accumulated DepreciationEquipment 4,500 Accounts Payable 11,870 Taxes Payable 390 Capital Stock 25,000 Retained Earnings 11,920 Dividends 9,000 Sales 89,490 Sales Returns and Allowances 920 Sales Discounts 1,330 Purchases 56,320 Purchase Returns and Allowances 490 Purchase Discounts 1,125 Transportation-In 880 Sales Salaries 11,800 Rent Expense 3,600 Advertising Expense 2,700 Utilities Expense 1,880 Maintenance Expense 560 Additional data: a. Merchandise inventory at March 31, 20X2, was $23,300. b. The Allowance for Doubtful Accounts should be increased by $600. c. Prepaid insurance represents a three-year policy purchased April 1, 20X1. d. Supplies on hand were estimated to be $170 on March 31, 20X2. e. The cost of the equipment is being depreciated over a 15-year estimated life using the straight-line method. Salvage value should be ignored. f. Unpaid sales salaries on March 31, 20X2, amounted to $200. .

Maniville Corporation

Balance Sheet

March 31, 20X2

Assets

Current Assets

Cash in Bank 3995

Accounts Receivable 13240

Less: Allowance for Doubtful Accounts 120 13120

Merchandise Inventory 23300

Supplies on Hand 520

Prepaid Insurance 360

Total Current Asset 41295

Property, Plant, & Equipment

Equipment 15000

Less: Accumulated Depreciation 4500

Total Property, Plant, & Equipment 10500 10500

Total Assents 51795

Liabilties & Stockholders' Equity

Current Liabilties:

Accounts Payable 11870

Taxes Payable 390

Total Current Liabilties 12260

Stockholders' Equity

Capital Stock 25000

Total Contributed Capital 25000

Retained Earnings 11920

Total Liabilties & Stockholders' Equity 13080

25340

77135