An inexperienced bookkeeper prepared the following trial balance. Prepare a correct trial balance, assuming all account balances are normal.

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Cappshaw Company Trial Balance December 31, 2022 Debit Credit Cash $10,800 $ 3,500 Prepaid Insurance Notes Payable Accounts Payable Owner's Capital Owner's Drawings 2,200 3,000 9,000 4,500 25,600 Service Revenue Salaries and Wages Expense Rent Expense 18,600 2,400 $48,000 $31,600