13. Maria Lopez presented the following list to her accountant to have a balance sheet prepared for Lopez Latin Dance Studio. Maria included all items she felt were important. Cash in Business Bank Account Personal Bank Account Accounts Receivable Accounts Payable Personal Car Loan House and Lot $ 1800. 2500 1 5001 500 5.000 245 000 Dance Studio Building (Cost) 130 000 Dance Studio Building (Current Market Price) 235 000 Land 80 000 Personal Car Mortgage on Dance Studio 25.000 138 000 Mortgage on House 132 000 Studio Equipment 3 100 Bank Loan on Studio Equipment 6.000 Personal Property 6.600 a. Prepare a balance sheet for Lopez Latin Dance Studio on December 31, 20- b. Explain why you did not include all the listed items in the balance sheet you just prepared. Refer to the GAAP that influenced your decision. c. Which GAAP was applied to determine the value of the dance studio building on the balance sheet? d. Use the data and concepts from (a), (b), and (c) to prepare a personal balance sheet for Maria on the same date