he following is a december 31, 2024, post-closing trial balance for culver city lighting, incorporated. account title debits credits cash $ 55,000 accounts receivable 39,000 inventory 45,000 prepaid insurance 15,000 equipment 100,000 accumulated depreciation $ 34,000 patent (net) 40,000 accounts payable 12,000 interest payable 2,000 notes payable (due in 10 years) 100,000 common stock 70,000 retained earnings 76,000 totals $ 294,000 $ 294,000