Do It! Review 1-3a (Part Level Submission) Blue Spruce Corp. began operations on January 1, 2017. The following information is available for Blue Spruce Corp. on December 31, 2017. 16,800 Accounts payable 9,900 Notes payable Accounts receivable 6,900 Rent expense 14,900 4,200 Retained earnings Advertising expense 34,800 Cash Common stock 8,000 Service revenue 19,900 6,800 Supplies Dividends 7,400 Supplies expense 1,500 Equipment 31,700