(TCO 4) Listed below are account balances (in $millions) takenfrom the records o

(TCO 4) Listed below are account balances (in $millions) takenfrom the records of Symphony Stores. All of these are permanentaccounts except the last two that have yet to be closed. Theinstallment receivables are current. Debit Credit Accountreceivable-trade $680 Building and equipment 920 Cash-checking 34Installment receivables 50 Interest receivable 30 Inventory 16 Land150 Notes receivable long-term 450 Pretty cash funds 5 Prepaidexpenses (for coming year) 20 Supplies 8 Trademark 40 Accountspayable trade 560 Accumulated depreciation 80 Additional paid-incapital common 485 Allowance for uncollectible accounts 20 Cashdividends payable 30 Common stock at par 15 Income tax payable 65Notes payable (long term) 800 Retained earnings 48 Unearnedrevenues 40 Cash dividends declared-common 120 Income summary380