1,600 Balance Sheet The following is a list (in random order) of KIP International Products Company's December 31, 2019, balance sheet accounts: Additional Paid-In Capital on Preferred Stock $2,000 Accounts Payable $ 15,400 Accounts Receivable 13,600 Prepaid Insurance 1,090 Dividends Payable Discount on Bonds Payable 2,400 Buildings 70,800 Common Stock, $10 par 19,000 Bonds Payable (due 2022) 24,700 Equipment 31,800 Retained Earnings Allowance for Doubtful Accounts 620 Office Supplies 2,090 Preferred Stock, $50 par 12,500 Current Income Taxes Payable 3,380 Accumulated Depreciation: Buildings Accumulated Depreciation Equipment 8,100 Current Interest Payable 2,400 Patents (net) Investment in Held-to-Maturity Bonds 13,200 Notes Payable (due January 1, 2025) 14,700 Cash 9,700 Inventory 42,500 Treasury Stock (at cost) 1,900 Additional Pald-In Capital on Common Stock 5,300 Accrued Wages 2,600 Sinking Fund for Bond Retirement 5,400 13,500 Required: 85,480 14,700 4,500 Land ROLLROR.SORRASSASARASWASZ "TOZ 'TE " KIP INTERNATIONAL PRODUCTS COMPANY Since Sheet Asie current QUI O OO O OOO U Current Total current Total DOCCIO OOOO OOOOO