2013 Transactions: 7/1/13: Al issues 8,000 shares of $2 par value Common Stock in return for $80,000 in cash 8/1/13: Al pays for an insurance policy that covers the period 2/1/14-7/31/14. Al pays the entire $4,200 amount in cash on 8/1/13 10/1/13: Al signs a contract to rent a building for 12 months at a rate of $1,200/month. The contract begins on 3/1/14. Al makes an initial payment of $6,000 and will pay the remainder of the rental fees at the end of the contract (2/28/15) 10/1/13: Al signs an employment agreement with Jane Smith. Ms. Smith will begin working on 1/1/14, earnings $180,000 per year. She will paid on the 15th of each month for the prior month's work ( her first paycheck will be issued on Feb 15th, as payment for Jan's service) 11/1/13: Al Buys (and receives) 4,800 cases of merchandise inventory for $252,000 on account 11/15/13: AL receives $45,000 in cash from a customer for goods to be delivered in Feb 2014 What is balance sheet in 2013