Item Accounts payable Accounts receivable Accruals Capital surplus Cash Common stock Cost of goods sold Depreciation expense Interest expense Inventory Long-term debt Net fixed assets Notes payable Operating expense Retained earnings Sales Taxes Year 1 550 510 1000 300 300 2000 4,010 250 150 3000 1500 2700 750 320 ? 5,250 130 Year 2 230 ? 1100 320 550 2250 4600 350 190 3250 1650 2500 580 430 840 6000 140