Stanley and jones lawn service company (s& j) maintains its books on a cash basis. however, the company recently borrowed $170,000 from a local bank and the bank requires s& j to provide annual financial statements prepared on an accrual basis. during 2013, the following cash flows were recorded: cash collected from customers $ 390,000 cash paid for: salaries $ 187,000 supplies 32,000 rent 16,000 insurance 6,000 miscellaneous 27,000 268,000 net operating cash flow $ 122,000 you are able to determine the following information about accounts receivable, prepaid expenses, and accrued liabilities: january 1, 2013 december 31, 2013 accounts receivable $ 39,000 $ 30,500 prepaid insurance 0 2,700 supplies 1,700 1,850 accrued liabilities (for miscellaneous expenses) 3,100 4,200 in addition, you learn that the bank loan was dated september 30, 2013, with principal and interest at 6% due in one year. depreciation on the company