4 Partially correct Mark 4.11 out of 5.00 P Flag question Statement of Stockholders' Equity and Balance Sheet The following is balance sheet information for Flush Janitorial Service, Inc., at the end of 2019 and 2018: December 31, December 31, 2019 2018 Accounts Payable $17,000 $18,000 Cash 50,000 44,000 Accounts Receivable 78,000 62,000 Land 92,000 92,000 Building, net 500,000 520,000 Equipment, net 75,000 77,000 Mortgage Payable 175,000 205,000 Supplies 27,000 22,000 Common Stock 420,000 420,000 Dividends 20,000 0 Retained Earnings ? 7 Required a. Prepare a balance sheet as of December 31 of each year. FLUSH JANITORIAL SERVICE, INC. Cash ASSETS Accounts Receivable Supplies Land Balance Sheets December 31, December 31, 2019 2018 50,000 $ 44,000 ~ 78,000 62,000 27,000 22,000 92,000 92,000 500,000 520,000 75,000 77,000 Building, net Equipment, net Total Assets $ 822,000 S 817,000 1 Q 2 2 #3 $ 4 % 5 <6 U