1. The balance sheet for Stevens Woodworking is shown below. Assets Cash $ 2.000 A/R - A. Marks 375 STEVENS WOODWORKING BALANCE SHEET JUNE 30, 20 Liabilities Bank Loan A/P-Gem Lumber $ 20 000 2 500 A/R C. Prentice 1150 Mortgage Payable 55 000 Land 30.000 Total Liabilities $ 77 500 Building 45 000 Equipment Truck 27 800 Owner's Equity 14.500 T. Stevens, Capital 43.325 Total Assets $120 825 Total Liabilities and Equity $120 825 Set up the ledger for Stevens Woodworking in the T-accounts provided in your Workbook