TV News, Inc. reports these account balances at January 1, 2012 (shown in alphabetical order): Accounts Payable Accounts Receivable Buildings Capital Stock Cash Equipment Land Notes Payable Retained Earnings $21,000 15,000 120,000 139,000. 10,000 15,000 60,000 18,000 42,000 On January 5, TV News collected $7,000 of its accounts receivable and paid $9,000 on its note payable. 7.Refer to the above data. In a trial balance prepared for TV News on January 1, 2012, the total of the credit column is: a. $440,000. b. $220,000. c. $200,000. d. $400,000