2) The Monk Company reports the following accounts and balances on December 31, 2015. Accounts Payable $14,400 8,000 26,000 80,000 56,000 Long-term Note Payable 70,000 Merchandise Inventory 28,800 Accounts Receivable Cash Equipment Land Paid-in Capital Retained Earnings 14,400 Required: Prepare a balance sheet at December 31, 2015