Accounts receivable 84,245.25
Prepaid expenses 15,625.26
Accumulated depreciation: Building 60,000.00$
Accumulated depreciation: Equipment 8,000.00
Accounts payable 75,182.10
Long-term debt 400,000.00
Common stock 10,000.00
Retained earnings 15,000.00
Sales revenue 1,527,515.65
Cost of goods sold 993,900.30
Advertising expense 54,215.45
Depreciation expense 16,000.00
Payroll expense 240,451.45