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The following information is available for Karr Bowling Alley at December 31, 2012.
Buildings
$128,800
Share Capital-Ordinary
$100,000
Accounts Receivable
14,520
Retained Earnings
15,000
Prepaid Insurance
4,680
Accumulated Depreciation-Buildings
42,600
Cash
18,040
Accounts Payable
12,300
Equipment
62,400
Notes Payable
97,780
Land
64,000
Accumulated Depreciation-Equipment
18,720
Insurance Expense
780
Interest Payable
2,600
Depreciation Expense
7,360
Bowling Revenues
14,180
Interest Expense
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