The following post-closing trial balance was prepared for Sitting Pretty Portraits, Inc. Prepare a corrected post-closing trial balance. Assume all accounts have normal balances and the amounts arecorrect.

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Sitting Pretty Portraits, Inc. Post-Closing Trial Balance May 31, 2012 ACCOUNT Cash Accounts Receivable Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Unearned Service Revenue Common Stock Retained Earnings Total DEBIT CREDIT $10,250 7,900 $ 600 75,000 14,000 13,600 3,000 18,450 4,700 40,000 $120,300 $67,200