Problems $9-5$ Frances's Fine Fluffs, Inc. Year $4-20$X$4,$

Paid the beginning accounts payable and received all owed. Bought $10$ Fluffs, sold $14.$ Bought for $$48,000$ each, sold for $$70,000.$ Bought for $25\%$ down and the other $75\%$ to be paid next year. Sold for $80\%$ down with $20\%$ to be paid next year. Paid workers what was owed them at the beginning plus $$4,000$ per month for eleven months, owed wages of $$4,000$ at the end of the year for December. Paid $$3,000$ for utilities. On January $1,$ FFF bought a prefabricated building to put on the land previously invested in the year $20x1.$ The building costs $$200,000.$ It is expected that the building will last ten years and then be worth about $25\%$ of the original cost. To buy the building, FFF took out a $$160,000$ interest$-$only mortgage from the bank and used $$40,000$ of the company's money. FFF must pay the bank $8\%$ interest at the end of each year on the building's mortgage. The $$160,000$ will be due $10$ years from the date of purchase. FFF paid the interest on the building's mortgage for Year $4$ on December $31.$ On January $1,20$X$4$ FFF spent $$60,000$ on furniture and fixtures for the new building. It is estimated that these items will last $10$ years and then be worth $10\%$ of their value. FFF opened a new location on January $1.($She now operates in two locations.$)$ FFF paid $10$ months' rent on the first location at $$1,000$ per month. FFF paid Uncle Phil the interest owed on December $31.$ FFF paid $$3,600$ for another one$-$year insurance policy on October $1$st$.$ Also, do not forget the depreciation on the sign. FFF paid last year's taxes. FFF paid a dividend of $$30,000.$ FFF owes $20x4$ taxes at the end of the year $($same rate as last year$).($Prepare Financials, which also includes Journal Entries & TAccounts$)$