The following data was taken from the books as at December 31 of Carla Vista Inc.: Cash Income tax expense Sales revenue Inventory Accounts payable Operating expenses Interest expense Prepaid expenses $13,600 Common shares 4,600 Cost of goods sold 103,000 Retained earnings (as of January 1) 30,800 Bank loan payable 32,050 Equipment 31,810 Dividends paid 3,800 Accounts receivable 1,090 $15,000 59,400 82,700 49,750 120,000 6,150 11,250