Exercise 4-17 (Part Level Submission) These financial statement items are for Basten Company at year-end, July 31, 2017. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue $2,000 51,500 Cash 22,600 Accounts receivable Notes payable (long-term) $2,100 .13,300 9,200 30,200 Accumulated depreciation-equipment 6,500 4,300 3,900 50,200 4,800 Owner's drawings 60,700 Depreciation expense 9700 owner's Capital (beginning of the Rent revenue ear