From the following information for sole trader M Spratt, software designer, draw up a balance sheet at the end of the financial year (30 June 2013). You are also required to determine the amount of owner's capital: accounts payable $8000; land $100 000; cash on hand$10 000; premises $230 000; bank mortgage $14 000; profit $4000; accounts receivable$7650; accounts payable $1000; computer equipment $10 000.