You are provided with the following information for Sheridan Company, effective as of its April 30, 2025, year-end. Quntien 7 of 7 - Chaph: 2 Dvorest Fomi Matshiry Teat in prinai fit Question 7 of 7 \begin{tabular}{|c|c|} \hline Income tax expense & 180 \\ \hline Income taxes payable & 160 \\ \hline Insurance expense & 310 \\ \hline Interest expense & 450 \\ \hline Inventory & 950 \\ \hline Investment in land & 14,700 \\ \hline Land & 3.100 \\ \hline Mortgage payable (long-term) & 3,600 \\ \hline Notes payable (short-term) & 59 \\ \hline Prepaid insurance & 70 \\ \hline Retained earnings (beginnine) & 1.600 \\ \hline 5alaries and wages expense: & 800 \\ \hline Salaries and wages parable & 215 \\ \hline Sales revervie & 6.000 \\ \hline Stockinvestments (short-term) & 1,300 \\ \hline \end{tabular}