|You have completed the field work in connection with your audit of Dunder Corporation for the year ended December 31, 2014. The balance sheet accounts at the beginning and end of the year are shown below: Cash Accounts Receivable Inventory Prepaid expenses Investment in subsidiary Cash surrender value of life insurance Land Buildings Equipment Patents Trademarks Bond discount and issue costs December 31, 2014 S99,435 $424,600 $635,740 $20,000 $200,000 $16,460 $100,000 $525,000 $381,000 $86,000 $25,000 $1,165 December 31, 2013 $110,700 $380,900 $576,475 $12,000 S0 $14,850 $100,000 $400,000 $290,000 $70,000 $35,000 $6,075 Total debits $2,514,400 $1,996,000 Accounts payable Income taxes payable Salaries and wages payable Allowance for doubtful accounts Accumulated depreciation - buildings Accumulated depreciation - equipment Long-term notes payable Bonds payable Premium on bonds payable Common stock Paid in capital in excess of par common stock Retained earnings $534,000 $68,000 $73,500 $25,000 $248,000 $160,000 $75,000 $400,000 $7,762 $150,000 $508,000 $34,500 $12,900 $23,000 $230,000 $103,000 $75,000 $300,000 S0 $125,000 $568,000 $205,138 $418,000 $166,600