Titan Properties, Inc. gathered the following information regardin year in operations, December 31, 2019: Inventory $9,960 Equipment 34,600 Accounts Receivable 12,570 Note Payable (4 yr) 13,000 Common Stock 23,000 Interest Revenue 230 9,400 Salary Expense Cost of Goods Sold 15,000 Cash 20,800 Dividends 5,500 24,380 Retained Earnings, Jan 1, 2015 Accounts Payable Accumulated Depreciation (Equipment) Sales Income Tax Expense Prepaid Rent Utilities Expense 10,200 4,900 45,500 4,480 2,500 5,000 Titan Properties, Inc. gathered the following information regardin year in operations, December 31, 2019: Inventory $9,960 Equipment 34,600 Accounts Receivable 12,570 Note Payable (4 yr) 13,000 Common Stock 23,000 Interest Revenue 230 9,400 Salary Expense Cost of Goods Sold 15,000 Cash 20,800 Dividends 5,500 24,380 Retained Earnings, Jan 1, 2015 Accounts Payable Accumulated Depreciation (Equipment) Sales Income Tax Expense Prepaid Rent Utilities Expense 10,200 4,900 45,500 4,480 2,500 5,000