PROBLEM #3-40 Points Name The following are selected accounts and their current balances as they appear in the Ledger of Trucking Company after adjusting entries have been posted for the fiscal year ending June 30, 20xx. Cash 240,000 Chris Marble, Capital ** 3,449,100 Accounts Receivable 990,000 Chris Marble, Drawing 100,000 Allowance for Doubtful Accounts 24,000 Sales 11,343,000 Merchandise Inventory 1,700,000 Cost of Merchandise Sold 7,840,000 Estimated Returns Inventory 22,500 Sales Salaries Expense 916,000 Office Supplies 13,500 Advertising Expense 550,000 Prepaid Insurance 8,000 Depreciation Expense - Store Eq. 140,000 Office Equipment 830,000 Misc. Selling Expense 38,000 Accumulated Depr. - Office Eq. 550,000 Office Salaries Expense 650,000 Store Equipment 3,600,000 Rent Expense 94,000 Accumulated Depr.-Store Eq. 1,820,000 Depreciation Expense - Office Eq. 50,000 Accounts Payable 326,000 Insurance Expense 48,000 Customer Refunds Payable 40,000 Office Supplies Expense 28,100 Salaries Payable 41,500 Misc. Administrative Expense 14,500 Notes Payable (Due 2025) 300,000 Interest Expense 21,000 There were no investments this year.