Wolford Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the companys fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance.

Accounts Payable		$ 31,088
Accounts Receivable		19,952
Accumulated DepreciationEquipment		78,880
Cash		9,280
Common Stock		40,600
Cost of Goods Sold		712,588
Freight-Out		7,192
Equipment		182,120
Depreciation Expense		15,660
Dividends		13,920
Gain on Disposal of Plant Assets		2,320
Income Tax Expense		11,600
Insurance Expense		10,440
Interest Expense		5,800
Inventory		30,392
Notes Payable		50,460
Prepaid Insurance		6,960
Advertising Expense		38,860
Rent Expense		39,440
Retained Earnings		16,472
Salaries and Wages Expense		135,720
Sales Revenue		1,048,640
Salaries and Wages Payable		6,960
Sales Returns and Allowances		23,200
Utilities Expense		12,296