Help Save & Exiht Subm Check my work The following summarized Cash T-account reflects the total debits and total credits to the Cash account of Thomas Corporation for calendar year 2017 Balance, Dec. 31, 2016 Receipts from custoners Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts Erom issuing stock Receipts from borrowing 230, 400 10,137,600 Payments for inventory $2, 686, 464 932, 65 537,293 3,548,160 Payments for wages 3, 750, 912 Payments for rent 1, 196, 237 Payments for interest 2, 605, 363 Payments for taxes 4,389,581 Payments for machinery 364, 95 Payments for long-term investments Payments for note payable Payments for dividends Payments tor treasury stock364, 954 760, 320 3,781,325 3, 821,875 648,806 841,421 Balance, Dec. 31, 2017 144 8