11. Complete the December 31, 2016 (first year of operation) Balance sheet for Lincoln Company using the following information: (a) Retained earnings at December 31, 2016 was $51,000. (b) Total stockholders' equity at January 1, 2016 was $139,000. (c) On December 30, 2016, additional capital stock was sold for cash, $55,000 (d) The land and building were purchased on December 30, 2016 for $150,000. Lincoln Company Balance Sheet December 31, 2016 I Assets Liabilities & Stockholders' Equity Cash $ 80,000 Liabilities: Accounts receivable ? Notes payable Land 112,000 Accounts payable 45,000 Buildings 2 Total liabilities Equipment 30,000 Stockholders' equity: Capital Stock Retained earnings Total liabilities and stockholders' equity $ 390,000 Total assets H