Below is the adjusted trial balance for Excel Network Inc. as of December $31,$

$2023.$ Assume a tax rate of $30\%$

$\backslash$table$[[$Excel Network Inc.$],[$Adjusted Trial Balance$],[$December $31,2023,],[$Account Title,Debit,Credit$],[$Cash and Cash Equivalents,$$84,000,],[$Accounts Receivable,$189,000,],[$Merchandise Inventory,$210,000,],[$Prepaid Rent,$9,240,],[$Property$,$ Plant & Equipment,$43,000,],[$Accumulated Depreciation,,$$15,050$