Exercise 7-21 Complete the accounting cycle using long-term asset transactions (LO7-2, 7-4, 7-7) The following information applies to the questions displayed below.J On January 1, 2018, the general ledger of TNT Fireworks includes the following account balances Accounts Cash Accounts Recelvable Inventory Notes Receivable (5%, due in 2 years) Land Allowance for Uncollectible Accounts Accounts Payable Common Stock Retalned Earning Debit Credit $ 60,000 27,600 37,600 27,600 168,000 3,500 16,100 233,000 68,200 Totals $320,800 $320,800