You are provided with the following information for Novak Corp., effective as of its April 30, 2017, year-end. Accounts payable $ 874 Accounts receivable 920 Accumulated depreciationequipment 670 lCash 1,380 Common stock 1,230 Cost of goods sold 1,100 Depreciation expense 295 Dividends 365 Equipment 2,530 Income tax expense 205 Income taxes payable 175 Insurance expense 250 Interest expense 440 Inventory 1,077 Land 3,210 Mortgage payable 3,610 Notes payable 171 Prepaid insurance 100 Retained earnings {beginning} 1,600 Salaries and wages expense 660 Salaries and wanes oavable 262