The adjusted trial balance for Sunland Developments Ltd$.$ as at March $31,2024,$ was as follows:

DR

CR

Cash

$$114,800$

Accounts receivable

$362,850$

Prepaid insurance

$10,250$

Equipment

$822,050$

Accumulated depreciation$-$equipment

$$246,000$

Accounts payable

$65,600$

Deferred revenue

$10,250$

Salaries payable

$22,550$

Common shares

$211,150$

Retained earnings

$180,400$

Dividends declared

$43,050$

Service revenue

$1,959,800$

Interest income

$38,950$

Depreciation expense

$102,500$

Salaries expense

$1,150,050$

Utilities expense

$18,450$

Insurance expense

$24,600$

Income tax expense

$86,100$Question $3$ of :

$($b$)$

The parts of this question must be completed in order. This part will be available when you complete the part above