Use the adjusted trial balance for Stockton Company to answer the question that follow.

Stockton Company

Adjusted Trial Balance

December $31$

$\backslash$table$[[$Cash$,6,176,],[$Accounts Receivable,$2,743,],[$Prepaid Expenses,$743,],[$Equipment$,15,108,],[$Accumulated Depreciation,,$1,194],[$Accounts Payable,$4,556,],[$Notes Payable,$8,126,],[$T$.$ Rawlings, Capital,$717,],[$T$.$ Rawlings, Drawing,$3,197,],[$Fees Earned,$822,],[$Wages Expense,$425,],[$Rent Expense,$263,],[$Utilities Expense,$119,],[$Depreciation Expense,$30,313,30,313],[$Miscellaneous Expense,,$]]$